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Bullboard - Stock Discussion Forum 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... see more

TSXV:NILI - Post Discussion

Surge Battery Metals Inc. > FMV nili Deposit at $ 10,000 USD is: $ 112 BILLION
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Post by deepoil0808 on Oct 17, 2024 1:08pm

FMV nili Deposit at $ 10,000 USD is: $ 112 BILLION

We all know that lithium prices are going to soar from year 2027 to 2040 as there will be a shortage.

Lets be ultra conservative and calculate the value of the NILI deposit assuming prices stay at $ 10,000 per ton USD for LCE.

Total lithium in the ground:      11,250,000 tons

Price per ton:                              $ 10,000 USD

FMV of asset in the ground     $ 112 BILLION USD

NILI stock value at 1% of this        $ 1.12 billion USA

FMV of NILI stock should be trading at $ 1.12 billion value and not $ 70 million.  

Investors buying at current prices can expect a 15x return on their money.

Good Luck, 
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