Exchange: OTC·Updated 05:15 PM EDT

NILIF Surge Battery Metals Inc

$0.4947
$0.0047
(0.96%)
Today
Closed $0.4947
$0.0036
(0.73%)
After Hours
Mkt Cap$162.82M
Vol80,044.00

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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Neutral 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
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osamabinrussell
$NILIF the almost 5k per tonne lithium carbonate operating cost is probably the number I’m watching most. If that holds through feasibility, Nevada North could be pretty competitive
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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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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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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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