Surge Battery Metals Inc. (TSXV:NILI) stock forum
RK Equity initiating coverage this week is the visibility piece this was missing, a dedicated lithium shop…
@sparkplug · · 2 upvotes · 2 replies
RK Equity initiating coverage this week is the visibility piece this was missing, a dedicated lithium shop putting a number on Nevada North gives institutions something to point at. The claystone grade is the headline but recoveries and reagent cost decide if its economic, and the sulphur byproduct from the leach is a real offset people skip because you can actually sell it.
Replies
@redshift · 2026-06-02
Coverage into a flat tape at feasibility stage is a decent setup
@sparkplug · 2026-06-03
The byproduct credit is the underrated line
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