Surge Battery Metals Inc. V.NILI

Earnings $ 4.18/share - Target price: $ 41.80/share

[deepoil0808]

FACTS:

LCE:                   5,000,000 metric tons  (per pending MRE)
Sale price             $ 13,500 per metric ton
Cost price                  4,000 per metric ton
Life                                 40  years


1st year of operation:

Sale ( 125,000 tons of LCE) at $ 13,500              $   1,687,500.000
Cost ( 125,000 tons of LCE) at      4,000                      500,000,000
Gross profit:                                                               1,187,500,000

Less payment of interest and debt***                            200,000,000
Less cost of operations                                                 150,000,000

Net profit:                                                               $      837,500,000

Earnings per share  (200 million shares)                      $ 4.18/sh

Trading at 10x earnings, fair market price                 $ 41.80/sh

** Assuming $ 1 billion debt like LAC to get project constructed.

Good Luck, 

[sorrenson]

Wow you know the "pending " MRE So you are either an insider breaking the law or