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Lithium - Noram Ventures Inc. (NRM.V)

Discussion in 'Canadian Stocks Message Boards' started by Auri, Oct 19, 2018.

  1. Auri

    Auri Member

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    Noram Ventures Inc. (NRM.V) is advancing its lithium mineral properties located in Nevada and Argentina and establishing itself as the low-cost supplier for the expanding lithium battery business.

    October 11, 2018 PP for $1,256,060 @ $0.10.5/unit ( for phase 3 drilling )

    NI 43-101 compliant inferred resource of 17 million tonnes at a grade of 1060 ppm lithium, equates to 96,476 Lithium Carbonate Equivalent (LCE)

    Up to 96% recovery of the lithium by way of leaching.

    Noram’s property is adjacent to Cypress Development Lithium deposit which has a net present value of $1.45 billion at 8% discount rate and 32.7% internal rate of return on after-tax cash flow.

    Noram’s lithium property is located within one mile (1.6 km) of Albemarle Corp.'s lithium brine operations and adjacent to Cypress Development Lithium deposit which has a net present value of $1.45 billion at 8% discount rate and 32.7% internal rate of return on after-tax cash flow.


    Upcoming phase 3 drilling is designed to expand the existing resource with 11 holes to a depth of approximately 100 metres that extend the mineralization to the south and east of the current resource area.

    32M I/O

    52 week - 0.80 0.12

    www.noramventures.com/

    fyi, A car uses about 4,500 times the amount of lithium a cellphone uses. According to analysts at Citigroup.

    Electric vehicles consumed 15,000 tons of lithium in 2015.

    By 2025, the car industry will consume 136,000 tons or more. Lithium Car.jpg
     
  2. Auri

    Auri Member

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  3. Auri

    Auri Member

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    TRADES UP 20 % $NRM.V / $NRVTF - Noram Ventures Advanced High Grade Lithium Projects in the Clayton Valley, Nevada, USA


    #lithium #microcap #investing #stocks #investments #mining #electricvehicles #demand #batteries #forecasting


    Earlier this year, a report released by Morgan Stanley predicting an oversupply in the market, set the tone for lithium investing in 2018, scaring a lot of speculative capital away from the lithium stocks.

    The other big challenge this year was this obsessive and unnecessary focus on the China price, which is inconsequential.

    Analysts suggest investors should not be looking at short-term prices, but instead should look at certain number of months or quarters to get a sense of where things are going.

    They state that instead of looking at prices and trying to guess where they are going, go look instead at the lithium cost curve.

    The analysts refer to how share prices have performed, saying that it is the first time in many years that they seen this big disconnect between the stock prices and the demand forecast.

    They have not seen any data showing that the demand is reversing or slowing down, if anything, it seems the demand narrative is only getting stronger they said.

    When looking back at 2018, the experts believe this year will be seen as the year where valuations reset because “there are some enormously cheap opportunities in the lithium space right now.”


    Electric Car.jpg Electric Car.jpg Electric Car.jpg
     
  4. Auri

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