NILI to keep DE-RISKING the Nevada projectInteresting article on oil.price (can be found on ceo.ca).
There has been a 75% correction on lithium prices from $ 81,000 per ton to $21,000 per ton.
Some analysts predict a over supply in 2024 and, others a small deficit. Either scenario has no effect on NILI as they are not a producer.
All analysts agree that by 2030 there will be a severe shortage of lithium and, that is the time when NILI will be producing, so FAT PROFITS.
NILI will keep de-risking this project and adding more lithium to the indicated category. I think we all know that NILI will build the resource and they will sell out the firm. Graham has already stated that this resource as of today is worth $ 5 per share. So no selling before that target price.
I believe that as NILI proves up the deposit, we will move up in price range towards the DOUBLE DIGIT price.
Now is a time when you close your eyes and just keep adding to your portofolio, a little each week or, each month, to build a HUGE POSITION.
Good Luck,