Surge Battery Metals Inc. V.NILI

My goal is to make: $ 3.25 million on NILI

[deepoil0808]

My goal is to make +/- $ 3,250,000 on NILI

This daytrading cr*ap will never produce the numbers I am hoping to attain in less than 5 years.   The illusion of stop losses does not protect, it only stops you from making BIG GAINS.   Petty thinking is what keeps most people average instead of EXTRAORDINAIRE. 

One trade, one commission fee of $ 5.95 and $ 3,250,000 in PROFIT.

Lets go NILI.....

Good Luck, 

[MoneyK]

There's value here, but $50 per shares seems far fetched.   Whats your logic behind it?  Do you have any M&A examples to back it up? MoneyK

[eng41]

I would be extremely happy with 10% of that share price

[deepoil0808]

This is my personal reasoning. I always do a comparative with LAC as it is the best model to use. Next I use amounts that unrelated 3rd parties agree to pay for LAC, this is true market value. (a) GM agreed to invest $ 650 million (b) USA agreed to loan $ 2.2 billion That means that to 3rd party eyes, the resource is at least worth $ 2.85 billion, that is the base price. When we apply that to

[eng41]

This would have to be a top producing lithium mine. With lithium prices a whole lot higher than they are now. It woukd take more than ten years to get to this point. They will be taken out long before that at a lower valuation. I.am ok with that. $3 to $5 would be fine with me

[MoneyK]

GM was willing to invest at most $650M US for about 20%-25% of the project.  Therefore, value seems to be in the range of $2.6B US to $3.2B US for 100% at FS stage. Thacker Pass has plenty of lithium also.  At a certain point, bigger does not give you more value.  Only the first 30 years roughly have true economic value today when using a 8% discount rate.   If we can get

[sorrenson]

20x this yerar     GM investing in LAC  AFTER  they had the record of decison .   Nili is  5 years plus away from that.  Crystal meth is always a bad choice