Post by
deepoil0808 on Aug 03, 2024 1:00am
Interview Graham Harris / Confirms BIG SHARKS CIRCULATING
This video was posted on ceo.ca, just sharing it on stockhouse.
Graham Harris confirmed that there are several big time lithium players whom are circling NILI with an aim to make an INVESTMENT in NILI to carry them forward.
Graham stated that the investment will limit dilution to shareholders.
He said it is too early for Merger and Acquisition. However he believes that he can succeed in bringing in an investment.
He also stated that resource will increase by 43% in September and that this does not even include drilling to the East. It is a massive project and questionned at one point, just how big is it and how big do they want it as they already have LCE to cover 40 years.
He stated that most of the LCE is near surface or 100 feet and that it will be easy to mine as they will be little disturbance to the land. You mine the area and then backfill it once you take out the LCE.
Project is 14,000 acres, private area is 800 acres. He confirmed that the 75% is EVOLUTION MINING.
My two cents is that we will have an investment from EVOLUTION MINING who will fund the $ 30 million in 2025 through a sharing of the project and, perhaps doing like GM $ 650 million to fund the mine.
Graham stated that irrespective of who wins the White House, they both want jobs, jobs, jobs, so EV will be pushed by either party.
Also mentionned that there is no supply of limited for years 2030 and forward due to LCE prices being so low, mines shutting, projects stopping, so he wants to know where is the lithium going to come from to meet the demand in 2030 and afterwards, cause it takes investments today to have a mine running by that time.
Enjoy the video,
https://www.youtube.com/watch?v=FTvLeEpxiko
Comment by
ETalien on Aug 03, 2024 8:37am
The numbers are telling the story and I am adding NILI stock any chance I get. I predict when Lithium prices start to move up coinciding with the upcoming data from Surge Management, a bidding war for the resource will be experienced and witnessed by the shareholders. I am happy with my investment!