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Surge Battery Metals Inc. V.NILI

Alternate Symbol(s):  NILIF

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and management team with seasoned lithium experts, who previously played pivotal roles in the successful Millennial Lithium venture (sold to Lithium Americas for US$491 million).


TSXV:NILI - Post by User

Post by deepoil0808on Oct 31, 2024 9:10am
122 Views
Post# 36290344

Latest news all but CONFIRMS A BUYOUT is in process.....

Latest news all but CONFIRMS A BUYOUT is in process.....My ladybug was right, we got news.  Glad I posted ladybug  before news so those whom are skeptical can be quiet.

I read the news and had to do a double take.

Remember I read corporate body language.   The MI-3 deal is not complicated to close, it only required that NILI get shareholder approval.   M1-3 had complied with the deal.

Surge did not call a shareholder meeting and none is forseen for the future.  Deal was simply amended to June 2025.   Question is why?

Also Nickel deal was kind of just thrown away, kind of cleaning up the balance sheet.   Why throw it away like this?

These two items SPEAK LOUD and CLEAR that we are in a BLACKOUT PERIOD.

It also confirms that NILI will be BOUGHT OUT before June 2025.

I had stated that we were in a blackout period previously and had lived it before.   I have seen the companies corporate body language change. 

The question is at WHAT PRICE will NILI be bought out?

We have seen from stock DRUG that was badly undervalued and went from $ 1.08 to $ 100 per share in 3 days, once a competitor put a $ 6.6 billion price tag on a company.

NILI worth anywhere from $ 5 to $ 10 per share.   Deal will settle somewhere in the middle.

It is so easy to justify a buyout price based on latest news of 25% increase in lithium.

Good Luck and MASSIVE FORTUNE is pending....

My  personal opinion (ladybug report)
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