Epstein Report: Lithium you Say? Look no Further Than Lithium-Brine Project Generator, Nevada Energy Metals
A recent report by Epstein Research highlighted Nevada Energy Metals (TSXV:BFF) (OTC Pink:SSLMF).
Over the past 3 months, Nevada Energy Metals’ stock is up a healthy 60%, but that’s just a third as much as the TSX-V group mentioned above. Yet, this Company embodies the true essence of a (high risk/high reward) emerging lithium company; a pure-play Nevada project generator of lithium-brine assets, with valuable long-term optionally on lithium pricing, demonstrated strong financial backing and a cheap valuation.
If Nevada’s, “Lithium Hub” hosts an economically viable source of new supply, it would be impossible to ignore a company like Nevada Energy Metals. In addition to the favorable attributes already mentioned, the Company would offer something even greater, Security of Supply in the U.S. market.
With this in mind, readers should take a closer look at the Company. As yesterday’s press release demonstrates, management is aggressively, yet prudently, building its lithium portfolio in an efficient and cost effective manner. The Company’s project generator model involves the active pursuit of not just potential lithium-bearing properties, but also mutually beneficial joint ventures and farm-outs, serving to minimize cash burn.This strategy is a tried and true one among emerging natural resource companies around the world.
Nevada Energy Metals is a pure-play, Nevada focused, lithium-brine exploration company operating as a project generator, with a market cap of just [C$11.9 million / US$9.3 million]. The Company has accumulated 4 distinct lithium targets, prudently diversifying the early-stage exploration risk of its Nevada portfolio. Yet, this is just the beginning. The Company has proven again and again the ability to move quickly and cost effectively. Management plans to raise capital to continue its successful growth, and pursue larger opportunities.
Besides Argentina & Chile, there are very few enriched lithium-brine operators or explorers. Given incredibly robust Li-ion battery demand, as evidenced by soaring prices, Nevada’s Lithium Hub could become a meaningful supplier. If one believes strongly in the future of electrified transportation and residential, commercial & grid-scale energy storage systems, then Nevada Energy Metals is a compelling way to articulate that investment view.