Post by
deepoil0808 on Oct 07, 2023 3:14pm
Possible $ 200 million USD investment in NILI for 20%
I own LIT and Stellantis invested $ 90 million USD in a project worth $ 450 million USD in Argentina.
Our project is at least 2x the LIT project of $ 1 billion USD at this stage.
We know that it can be worth more than $ 2.4 billion (like LAC) a little later on and with more drilling.
It is possible that another car manufacturer may want to invest $ 200 million USD in NILI for a 20% cut and, get a source of secure lithium for their cars.
Once one car maker does a deal, the rest follow.
Anything is possible,
Good Luck
Comment by
sorrenson on Oct 07, 2023 7:45pm
A more important question is why didnt stellantis invest in non revenue NILI ? Maybe they didnt buy the story thats being spun