RE:RE:BOUGHT MORE AT .28 CENTS (Incredible bargain)A big WELCOME to you.
Myself I have been buying for the last month, consistently and every day. Doing like Buffett does and taking advantage of price drops.
Many investors will decide to buy a stock based on movement of stock. High it is great and low it is a POS.
I do not subscribe with that type of thinking. Sometimes those high prices are lemon prices and those low prices are GOLD prices.
How to know if you are making a good exchange for your MONEY.
For NILI, it is so simple to calculate.
(a) What do they have? Soon to be announced 7 million tons of LCE
(b) How much do peer companies buy lithium in ground without mining it?
$ 100 to $ 150 per LCE.
(c) What is valuation of lithium in ground for NILI?
- best scenario: $ 150/ton LCE * 7 million tons LCE = $ 1.05 billion
(d) And what does market value this property at?
- worst scenario: $ 48 million market cap
CONCLUSION:
What shareholders are buying today for $ 48 million is really worth $ 1.05 billion.
This represents a 20x appreciation from .29 cents per share.
In other words, what you buy at .29 cents per share is really worth $6/share
And if we go a step further and decide to mine it, then we are worth many multiples this $ 6 per share price.
So a .29 cents purchase is worth between $ 6 per share and $ 18 per share.
And these FUDSTERS see risk. The only risk I see is being an id*iot and not loading up knowing this. Trying to make a few pennies downwards in order to miss a MASSIVE DOWN POURING OF $$$$, so much so that you do not even know what to do with the money anymore.
Good Luck,