AMLI + 19.68% today (American Lithium) / bodes well for NILIAmerican Lithium owns 9.7% and they hold warrants exercisable at .55 cents for another 13,400,000 shares which will bring into the coffers of NILI: $ 7,370,000.
In a previous podcast, Graham Harris stated that they are on very good terms with American Lithium whom understands their business model and, he said that they are willing to exercise their warrants early to give $$$ to NILI.
American Lithium itself is on a list of buyouts from MAJROS so any deal to have them, will also give them 20% of NILI which is sure to be a threat to Evolution Mining.
Hence, a possible BIDDING WAR.....
RIO $ 6.7 billion purchase has confirmed that lithium has hit bottom.
Remember, if we all exit together on a buyout with a MAJOR, we will all be making money. It is the best way to get out.
Good Luck,