RE:RE:RE:RE:NILI high grade LCE at shallow levels = BIG PROFITS even NOWHonestly I see ZERO risk. I do see that there will be many hurdles to jump and which will involve hard work but if everything goes as planned, you will be a MILLIONAIRE.
Graham did his dd and the more he tried to find faults with NILI the stronger the project fundmentals got.
Do not confuse hard work with RISK. Hard work means you got to get purity to 99.9%, you got to develop proper plan for robust PEA, you got to negotiate very hard with a big player to get $ 30 million in funding (hopefully through a loan or sharing of project), you got to answer all questions with Nevada to get permit to drill 80 holes in 2025, you got to properly do a PFS study which shows project is robust, you got to apply for government loan of $ 2.2 billion, etc....
These are all hurdles but NOT RISKS.
Risk is where you have no deposit or, do have a deposit that is very low grade or, you have a higher grade but are located in an unfavorable jurisdiction or, you have an inexperienced management team, or you have an uncertain market where EV is not the future or, you have a hostile government that does not make loans, etc...
Risk is where there is uncertainty, in NILI's case certainty is assured and all you need is hard work.
So big difference,
Good Luck,