Sep. 5 at 11:55 AM
$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!