Bullboard - Stock Discussion Forum Surge Battery Metals Inc. V.NILI

Alternate Symbol(s): NILIF

Metals & Mining Industrial Metals & Minerals

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... see more

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TSXV:NILI - Post Discussion

Surge Battery Metals Inc. > PEA Nov 2024 / partnership Q1-2025

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Post by deepoil0808 on Aug 14, 2024 2:33pm

PEA Nov 2024 / partnership Q1-2025

Timeline:

Sept 30th: Updated MRE report 7,500,000 tons LCE

Nov 30th: PEA, 8% discount, NPV. $ 9 billion

Dec.15th: Approval plan of operations

Q1-2025: Joint partnership with Evolution $30 million

Q2&Q3 2025: 30 holes infilling

Q4 2025: PFS study

Q1-2026: Multiple buyout offers

Enjoy the ride.

Good Luck

539

Comment

Comment by MeteorShower on Aug 14, 2024 5:30pm

Where is this timeline from? How do you know the result of PEA now? PFS is similar to PEA. BFS should be done in 2026.

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Comment by deepoil0808 on Aug 14, 2024 10:02pm

This timeline comes from listening to the various podcasts where management speaks. As a long term investor and not a daytrader I can follow the project more easily than others. My goal is to sell when BUYOUT occurs, not before. The result for the PEA is not very difficult to estimate. We have LAC next door which already has done a PEA on their property and NPV of their ...more

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