NILI NAV asset worth $ 900 million todayNili carries a market cap of $ 57 million, like a very bad joke.
Nili will be extremely profitable with lithium prices of $ 12,000/ton
I estimated that NILI has 7,500,000 tons of lithium as of today which carries a market value of $ 90 billion (with market prices of $ 12,000/ton). Mine will be there for 100 years or more.
A quick calculation tells me that this asset is worth $ 900 million as of today.
I applied 1% to the the $ 90 billion market value.
In other words, I said that 1% would be net profit, which of course is ridiculous as net profit margins will probably be in the 30% to 40% range.
Just trying to be conservative.
Good Luck,