Neo Lithium Corp V.NLC

Primary Symbol: NTTHF

Metals & Mining Industrial Metals & Minerals

Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties. Its project includes the 3Q project. It operates its business in the countries like Canada and Argentina, however, most of the revenue is generated from Canada.

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Neo Lithium Corp

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Comment by SnowyWindowson Apr 03, 2019 10:07am

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Post# 29575387

RE:RE:RE:RE:Do we need a financial partner or an off take at this point

Listen to the podcast. They apparently were handing out lithium samples from their pilot plant. Seems to already be working.

https://lithiumpodcast.com/podcast/e35-from-the-belly-of-mac-whale/

supersceptic wrote: fundamentainvestor: "just frustrating with how much this is now derisked that we don't yet have the partner"

We have two risks that may kill entire project, pilot plant can fail the test and, for example, NLC would need extra 300M for CAPEX and environement, the lake is in protected area.

There is no reason why pilot plant would not work and there is no any negative indication from government, community, non-profits re. envir. issue..

Still, NLC will ask for 350M initial investment, there are not many Musks out there who will not care about risk of losing everything.

I was with LAC when Waldo start talking about JV. It took 6-8 month to find one, SQM that paid 25M for 50% of LAC. That was the time when oversupply or Australian rocks were not anywhere in view. It is harder now and NLC has strong instututional investment base, they may set limit to dilution too.

We will wait. NLC fundamentals are stellar and management is OK - normally it is a great combination.