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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

Post by deepoil0808on Sep 16, 2023 10:11pm
439 Views
Post# 35640059

NILI is way UNDERVALUED versus Thacker Pass

NILI is way UNDERVALUED versus Thacker Pass

The Thacker Pass lithium deposit has measured and indicated resources of 13.7 million tonnes of lithium carbonate equivalent, at an average ore grade of 2,231 ppm (0.22%) lithium.The Thacker Pass volcano-sedimentary deposit is the largest known sedimentary lithium resource in the U.S.

Lithium Americas estimates that the site contains recoverable lithium worth $3.9 billion. It is estimated that enough for batteries for about a million electric vehicles a year could be mined.

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Sprott Analyst has stated that they expect more than 15 million tons of LCE for NILI over the long term. 

Our grades are much better average 3,000 to 3,500 ppm lithium


 

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