NILI equivalent: 47 million oz GOLD at 2.1 grams per tonTo put it into a prespective that shareholders understand, the 11 million tons of LCE at 3,000 ppm is equivalent to:
47,000,000 ouces of GOLD at 2.1 grams per ton
Other comparison, MAJORS usually buy LCE companies with LCE in the ground at $ 150 USD per ton.
That means that NILI is worth in a buyout: $ 1.6 billion
So almost $ 10 per share as a buyout price.
If we add more to the deposit, then DOUBLE DIGITS.
Good Luck,