MAJOR CATALYST PENDING: Hole Q (will 3x the deposit)Drilling results from hole Q are pending.
This hole is 900 meters to the West. We already have a discovery that is 3,500 meters in strike but width wise is to be confirmed.
If Hole Q hits, we will TRIPLE the Lithium resource.
This would come just in time for MRE report in Q1.
Drilling in Q2 on additional 5 acres on BLM land (private land) to the South which will extend strike of lithium.
Then MEGA drilling in Q3 and Q4 for additional land to the West that will really expand this deposit followed up by PEA report.
NILI is also on the radar as a BUYOUT target. Management hinted that at this stage, buyout in the $ 5 per share range is justified.
If we 3X, then it means $ 15 per share.
Good Luck to Everyone,