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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

Comment by deepoil0808on Jun 19, 2024 9:14pm
99 Views
Post# 36097104

RE:RE:RE:RE:RE:if you say lot of selling

RE:RE:RE:RE:RE:if you say lot of selling I understand what you mean but you are just speculating.  Low cash flow does not mean that they will sell their NILI holdings.

They could give them as collateral on a loan without selling.

Until we have clear confirmation it is best not to make ASSUMPTIONS.

All we know is that LI is a major shareholder, they also have warrants and, Graham stated in an interview that NILI would approach LI in excersing their out of the money warrants.

This would give cash to NILI and would show the CONFIDENCE that LI has in NILI.

I think that LI is aiming to make $ 300 million to $ 400 million in PROFIT on NILI so NO INCENTIVE to sell.

Good Luck, lets stick to FACTS.


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