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Surge Battery Metals Inc. V.NILI

Alternate Symbol(s):  NILIF

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and management team with seasoned lithium experts, who previously played pivotal roles in the successful Millennial Lithium venture (sold to Lithium Americas for US$491 million).


TSXV:NILI - Post by User

Comment by deepoil0808on Jan 18, 2024 1:14pm
56 Views
Post# 35834002

RE:RE:RE:NPV (5% discount) should be $ 1 billion or, $ 5/share

RE:RE:RE:NPV (5% discount) should be $ 1 billion or, $ 5/shareThose that will survive and thrive in the lithium industry are those who can generate FAT PROFIT MARGINS.

You can only generate these fat margins if two conditions are present:

(a)  You have very high grades of lithium

(b)   Deposit is shallow which reduces cost

NILI has the HIGHEST GRADE DEPOSITS and at SHALLOW DEPTHS. 

At current prices of $ 13,500 per metric ton which is an 80% drop from the highs, NILI  will generate a 300% return because their costs will be approximately $ 4,000 per metric ton.

All of these other speculative lithium stocks are starting to cave in and I suspect that they will be all piling into NILI shortly as we have the goods, the grades and the FAT PROFIT MARGINS.

Good Luck



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