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Windfall profits possible with this under-the-radar lithium stock

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investingchannel.com

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insidermonkey@em.investingchannel.com

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Sat, Sep 30, 2023 01:01 PM

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. *|MC_PREVIEW_TEXT|* Windfall Profits Possible With This Under-the-Radar Lithium Stock Dear Investo

[Click to view in browser](. *|MC_PREVIEW_TEXT|* Windfall Profits Possible With This Under-the-Radar Lithium Stock Dear Investor, If you’re looking for gains in this turbulent market, you’ll want to take a close look at the lithium sector. Lithium has unstoppable momentum behind it, thanks to global efforts to combat climate change by electrifying the world’s fleet of vehicles. With the Inflation Reduction Act, the infrastructure bill, and a host of executive orders, the Biden administration is all in on the transition from the internal combustion engine to EVs. The automakers are responding, with many promising to phase out gas-powered vehicles by 2035. In this environment, the demand for lithium is set to rocket higher. Allow me to introduce myself. My name is Bryan Perry. I’m editor of Micro-Cap Stock Trader, an investment advisory that finds micro-cap companies capable of delivering big-time returns. I am writing because I want you to know about a play in the lithium space that I think could generate windfall profits. I’ll reveal that company to you in a moment, but first let’s look at why the lithium market sets up so well in the coming decade. Analysts predict lithium will grow by a 15.7% compound annual rate between 2022 and 2030, and industry giant Albemarle is forecasting lithium demand to grow to 3.7 million metric tons by 2030. Lithium prices have already ridden this trend to all-time highs in 2021 and 2022. And while the price has come down in 2023, it remains at levels where lithium miners can make a lot of money. And I think a company is well-positioned to benefit from an ongoing bull market in this sector. Zeus project in Nevada’s Clayton Valley sits immediately adjacent to Silver Peak. Owned and operated by Albemarle, Silver Peak is the only active lithium mine in the United States. Zeus Lithium Project Zeus contains the fourth largest lithium deposit in North America, with 5.17 million metric tons of measured and indicated lithium carbonate equivalent (“LCE”) and 1.09 million metric tons of inferred LCE. Better still, this lithium clay deposit lies right at the surface, which means the mining portion of the venture will be an inexpensive scoop and shovel operation. Then there’s Zeus’ location near Tonopah, Nevada, which puts it near to a major U.S. highway, rail service, power lines, and a well-trained workforce. Plus, Zeus isn’t some early-stage project with a few holes punched in it. Since Noram Lithium Corp. [(OTC: NRVTF)]( acquired Zeus in 2015, it has conducted six drill programs and established a deposit 1.5 miles wide by 3 miles long and over 300 feet thick. Noram is now well into the engineering phase for Zeus and plans to have a prefeasibility study out on the project by early next year. In the interim, the company has already generated a preliminary economic assessment for Zeus that shows it generating an after-tax NPV, discounted at 8%, of $2.76 billion. With a current market cap that trades around $26 million, that projection suggests Noram Lithium Corp. [(OTC: NRVTF)]( could increase more than 60 times in value as it moves Zeus toward production. GM just agreed to invest $650 million in Lithium Americas’ Thacker Pass project in northwest Nevada, and the Department of Energy has agreed to loan up to $700 million to Ioneer to advance that company’s Rhyolite Ridge project in Nevada. As Noram advances Zeus along the development curve, similar investments become a real possibility, as does the prospect of an outright buyout of the company. One obvious suitor for Zeus is Albemarle. The major has its Silver Peak project right across the way and could well decide it needs to add Zeus and its 100 year mine life to its U.S. asset profile. Noram is cashed up to advance Zeus to the prefeasibility stage. Its projected processing costs of $3,500/metric ton mean that Zeus could make good money with LCE trading at $10,000/metric ton (LCE is currently trading at $25,000/metric ton). Given all the subsidies the Biden administration is throwing at the EV industry and how intent it is on a U.S. (or at least U.S friendly) lithium battery supply chain, Noram Lithium Corp. [(OTC: NRVTF)]( and its Nevada-based lithium deposit are a ripe investment opportunity. This is a $0.50 stock that could early become a $5.00 stock in the current environment. Talk to your financial advisor about Noram Lithium Corp. ([OTC: NRVTF]() today. To help you start doing your due diligence on Noram, I’ve created a special report entitled Nevada’s White Gold Rush: Recession-Proof Profits from the Lithium Megatrend. [Click here]( to learn how you can download this report risk-free today. Yours, Bryan Perry Editor, Micro-Stock Trader [Download Report]( p.s. To discover more of these small, little-known micro-cap companies, consider subscribing to my Micro-Cap Stock Trader newsletter. [Subscribe Now]([.]( IMPORTANT NOTICE AND DISCLAIMER: All investments are subject to risk, which must be considered on an individual basis before making any investment decision. This paid advertisement includes a stock profile of Noram Lithium Corp. (OTC: NRVTF/TSXV: NRM). Micro-Cap Stock Trader is an investment newsletter being advertised herein. This paid advertisement is intended solely for information and educational purposes and is not to be construed under any circumstances as an offer to sell or a solicitation of an offer to purchase any securities. In an effort to enhance public awareness, Noram Lithium Corp. (OTC: NRVTF/TSXV: NRM) is the sole source of funds for a budget of approximately $2,415,727 provided to the advertising agency to cover the costs associated with creating, printing and distribution of this advertisement. 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