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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 Feb 03, 2024 1:34pm
247 Views
Post# 35861253

VALUATION OF NILI without all the wind and noise

VALUATION OF NILI without all the wind and noiseLithium price per metric ton is 97,050 (Chinese currency)

In USA, the spot price for metric ton of lithium is:   $ 13,625

MRE should show +/- 5,000,000 tons of lithium (on 5 acres of land).

Retail value is:                                      $ 68 billion

Assuming LAC costs of 50%                   34  billion   

Gross Profit                                          $  34 billion

Less:  General and Admin (50%)             17 billion
           (includes repayment capital costs)

NET PROFIT:                                       $  17 billion

Market Cap of +/- $ 50 million for NILI versus NET PROFIT from project of $ 17 billion over the course of 40 years. 


POSSIBLE EXPANSION:   from 5 acres to 250 acres or 50X MRE Report

MAJOR buyout discussions

When a MAJOR will approach NILI they will do similar calculations as I am doing.   They know that they make a return of $ 17 billion on this project on 5 acres alone, possibly expanding 50x to 250 acres.

So what would be a reasonable price to get this asset?

$ 1 billion or $ 2 billion????

The farther along that NILI goes, the higher the buyout price.  Can you imagine if they 50x the high grade lithium discovery at surface.

They are highly PROFITABLE due to Highest Grades in USA, so while world shuts down, NILI gets to become a lucrative MONOPOLY.

Good Luck,
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