Exchange: OTC·Updated 03:38 PM EDT

NILIF Surge Battery Metals Inc

$0.50
$0.0033
(0.66%)
Today
Mkt Cap$164.57M
Vol158,729.00

About NILIF

Surge Battery Metals Inc., an exploration stage company, acquires, explores, and develops mineral properties in North America. It primarily explores for lithium and nickel. The company's flagship property is the 100% owned Nevada North lithium project consisting of 685 mineral claims located in Elko County, Nevada. The company was formerly known as Surge Exploration Inc. and changed its name to Surge Battery Metals Inc. in March 2021. Surge Battery Metals Inc. was incorporated in 1987 and is based in West Vancouver, Canada.
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Bearish Sentiment

How do you feel about NILIF?

InvestingSince2021
$NILIF Surge just delivered a very strong PFS for Nevada North. In simple terms: Project value: US$9.81B after‑tax NPV — higher than last year. Profitability: IRR of 23.6% — excellent for a project this size. Costs down: Operating cost dropped 10% to US$4,719/t. Long life: 42‑year mine life, backed entirely by Proven + Probable Reserves (no Inferred). Big production: Averages ~92,000 tpa, peaks at 111,400 tpa. Better recoveries: Up to 84.9%. Battery‑grade confirmed: 99.95% purity lithium carbonate produced from NNLP claystone. Lower capex: Phase 1 capital reduced to US$2.77B. Fast payback: 4.2 years. Stays profitable even if lithium prices drop 30%. Bottom line: Nevada North is now a fully de-risked, long‑life, high‑margin lithium project with proven battery‑grade output and stronger economics across the board. This is the kind of PFS that moves a project into the “real mine” category. - Credit to glenp from CEO for saving me the time
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osamabinrussell
$NILIF new drill program isn’t just about adding tonnes. They’re collecting geotechnical, hydrological and resource data needed to move Nevada North toward a BFS
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Tunes444
$NILIF Will be interesting to see what these guys put out in the next month or so if anyting
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wowstepbro
$NILIF I like that Nevada North has now demonstrated the full path from clay in the ground to battery grade lithium carbonate using conventional processing methods
5
deans1
$NILIF Six months ago Large resource PEA Significant financing risk Significant metallurgy risk PFS risk Little institutional sponsorship Today Large M&I resource Fluor PFS Evolution JV C$36M strategic financing Approximately C$70M expected treasury following financing PFS expected Q4 BFS drilling beginning Pilot work planned Nasdaq strategy underway My current conclusion: Nevada North has moved another step away from being an exploration speculation and toward being a legitimate advanced U.S. lithium development project. THE next major valuation checkpoint is the Q4 2026 PFS, not today’s $0.70 share price. We could be sitting on a monster here!
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Birch1
$NILIF Happy Labour day everyone. Think we will see big run come next week now that everyone is back to school. We know what we have.
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diamonhands72
$NILIF These guys were recently covered in a discord group I'm in. Going long on them for sure!
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dudududucharles
$NILIF securing long term surface and water access at Nevada North removes a pretty important development issue that was still hanging over the project
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Birch1
$NILIF This is starting to look really good like I knew it was going to. Hang on to your shares. Totally missed the halt Friday. Ususlly Friday Halts are not good, but I think they needed to shut it down before Monday market open and announce news. GLTA!
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Tunes444
$NILIF Ive been following this one on and off for a couple years lol first time on their stocktwits though
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Birch1
$NILIF Seems the story is getting out stateside given trading today and nice orders at $1.00 prior to trade start. We are in accumulation zone now for those that are now just in the know.
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