With the demand for lithium on the rise, it is more than likely that those who invest in this sector now will be rewarded in the long run.
One lithium company I have my eyes on is Nevada Lithium ( $NVLH.C ) as they are positioned to become a big player in American-sourced Lithium.
Their main asset is the Bonnie Claire is thought to be one of the largest lithium deposits in the US
$NVLH recently conducted a Preliminary Economic Assessment at Bonnie Claire and found:
-15k tonnes/day processing rate over a 40 year mine-life
- an overall lithium recovery of 74.4%
- $1.5 B after-tax net present value at an 8% discount rate
- 23.8% after-tax internal rate of return
- Lithium carbonate price assumption of 13,400/tonne
… all of which indicates a huge potential for this project which could help $NVLH become a significant and long-term contributor to the global lithium market.
Additionally I also like the leadership at $NVLH. The CEO, Stephen Reatschler, has over 25 years of institutional investing, shareholder communication and consulting experience. And the VP of exploration, Darren Smith, is a geologist with over 15 years of experience including high-level mgmt.
$NVLH @ $0.43 MC $21.31M