84.9% recovery in the PFS
@lazyriver · · 0 replies
Investor discussion of Surge Battery Metals Inc. (TSXV:NILI): reactions to drill results, financings and press releases, sentiment and price targets from the OreStocks mining-stock community.
@lazyriver · · 0 replies
@sparkplug · · 1 replies
Nasdaq listing still pending as far as I can tell. Dual listing plus a PFS in the same quarter would be a lot of eyes at once.
@lazyriver · · 1 replies
@redshift · · 0 replies
@sparkplug · · 0 replies
Rigs mobilizing for the BFS program in September. Condemnation holes, pit definition, hydro and geotech, plus bulk material for the pilot met program. None of it makes a headline. All of it goes into the bank's data room before grade does, and with Evolution sitting in the JV…
@redshift · · 2 replies
Access agreement with the ranchers and the water protest withdrawn. Single term through closure. Permitting risk got smaller
@lazyriver · · 0 replies
@redshift · · 0 replies
The volume signature changed on this after the resource report. Looks like real accumulation, not a pop and fade
@mr_nobody · · 2 replies
Updated resource report is out. Even after haircutting the NPV hard, the P/NAV here still sits well under where LAC trades on Thacker Pass, and thats a producer-track name with a partner. Either the market doesnt believe Surge's number or it simply hasnt looked yet. I lean…
@coreloggin · · 1 replies
Went through the tech report properly. The tonnage bump is real but the flowsheet work matters more, recoveries improved enough that the old opex assumptions look conservative now. Grade was never the question with this deposit, it was always whether a claystone could be…
@maple_run · · 0 replies
been in since the flowsheet work, the recovery numbers are why i sized up, not the npv headline everyone quotes
@learning_curve · · 2 replies
Whats a normal P/NAV for a pre construction lithium name? trying to understand why everyone keeps calling this cheap
@eric885 · · 1 replies
Ran the fully diluted count after the placement closed. About 450M shares all in once you add the PP and the warrants. Use that for any per share math, not the 255M you still see quoted.
@sparkplug · · 0 replies
@lazyriver · · 0 replies