Nevada Lithium Announces Robust Preliminary Economic Assessment

Investor webinar replay

Meeting Overview The meeting focused on discussing the preliminary economic assessment (PEA) results of the Bonnie Clare lithium project, presented by Stephen Rentschler, CEO, and Jeff Wilson, VP Exploration. The discussion highlighted the project's strong financial metrics and its potential impact on the lithium market amid increasing demand for electric vehicles. Key Discussion Points - Overview of the PEA results and their significance for Nevada Lithium. - Strong financial metrics of the Bonnie Clare project, including: - $6.8 billion NPV after tax at an 8% discount rate. - 32.3% after-tax IRR. - Initial capital expenditure of over $2 billion. - Project's production capacity: over 62,000 tons of lithium carbonate and 129,000 tons of boric acid per year for over 60 years. - Discussion on the risk profile and capital intensity of the project. - Insights into the current lithium market dynamics and demand for electric vehicles (EVs). - Potential future developments in battery techn...

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[Speaker identities could not be resolved; generic labels used] [00:08] Speaker 1: Hello everyone and thank you for joining us today for this live Nevada Lithium event. Today we're joined by Stephen Rentschler, CEO, and Jeff Wilson, VP Exploration, to further discuss the robust PEA of the Bonnie Clare project. Just a couple of housekeeping items before we begin. This event is being recorded and the replay will be available shortly after we conclude. [00:27] Speaker 1: Also, as this is a live event, [00:30] Speaker 1: And so I would encourage you to submit any questions you may have in the chat box, which can be found in the bottom right corner of your screen. [00:36] Speaker 1: With that said, gentlemen, thank you for joining us today. [00:39] Speaker 1: Stephen, perhaps let's start with what are your initial thoughts on these PEA results, and what does this milestone mean for Nevada Lithium as we move forward? We've been getting a lot of new eyes on the story, so maybe a quick look back at the rationale behind this PEA would also be helpful. [00:54] Speaker 2: Yeah, that's super, Kyle. I think it's a great place to start. 1st of all, thanks very much to everybody for taking the time. [01:00] Speaker 2: Not quite in the dog days of August, but I know that things are still busy for everybody. [01:06] Speaker 2: You know, obviously [01:07] Speaker 2: we released, I think, an excellent piece of news with the technical report, a preliminary economic assessment yesterday morning. [01:15] Speaker 2: You know, [01:16] Speaker 2: actually the very 1st thing I wanna do is just compliment and congratulate our technical team who put this together. [01:22] Speaker 2: I think this has been a superb report. I think the output of it has just been eye popping for a lot of people. [0...