NILI high grade LCE at shallow levels = BIG PROFITS even NOWAs the current lithium industry is getting crushed by plunging LCE price, down 80% to date, there will only be a handful of winners out there with LCE trading at $ 12,500 per ton.
All in cost for NILI will hover around $ 5,000 per ton, so we have MASSIVE profits even at these levels.
This means that few lithium companies will be around to produce the lithium as most companies will not be economical.
Less competition means GREATER value for NILI as it is a rare jewel out there.
PEA at end of Q4-2024 will confirm these numbers, where our competitors will NOT BE ABLE TO COMPETE with NILI.
Graham searched 75 companies before investing and he chose the one which had the HIGHEST GRADES and SHALLOW LEVELS where you can actually use a shovel to dig out the lithium.
Good Luck,