OTCQX:NTTHF - Post by User
Comment by
SnowyWindowson Sep 11, 2018 11:06am
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Post# 28597111
RE:Option 1 or 2
RE:Option 1 or 2There are more than 2 options. A partner can come in at any level, independent of the current stock price. For companies that want a reliable source of lithium they will put the value of a partnership higher than the current stock price.
i have no idea why people are so concerned with the current stock price. It doesn’t impact anything. NLC still has plenty to bargain with in order to form a partnership. The stock price could be $0.05 and a partner still can come in offering $500M for 30%, or offer debt, or be guaranteed a secure source of lithium, or have a royalty, or just purchase future supply. There are infinite options here for securing a partner. if a motor company wants a direct lithium partner, or a financial entity views the potential future value positively, then they will have to agree upon a partnership that is acceptable to both parties.
Stock price does not matter at all. NLC has $50M cash and no immediate need for more cash. NLC management understands the value of their asset and just need to convince 1 other entity that they will be extremely profitable