Replies to post #14150 on American Battery Materials Inc (BLTH)

[lager]

You left out the denominator of the BLTH O/S.

[bullthetrigger]

So once they merge via spac (who’s price is over $10) the warrants at $10 can exercised

[Hrvat4]

and that is just the current value they were given, based on what we can only gather is hearsay. historical records.
which to me seems to indicate that those wells have only grown more saturated since being untouched for a while.
think how after the merger you are sitting on those 100,000 shares in a lithium start-up valued at $225 million. your shares alone worth 1 million at the $10pps. what happened when the company strikes their white gold and other minerals in less than 2-3 years, becoming early pioneers in a multi billion/ if not trillion/ dollar industry.
just the first billion puts that at a 4x multiple, 100k shares would be nice at $40.
if you look at the oil industry giants you will see multi billion dollar market caps. the same can be said for lithium giants currently.