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 > Lithium Article

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Post by tiger6301on Jul 03, 2019 9:46pm

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Post# 29885304

Lithium Article

Mean time we are waitting for NLC's next NR, I more expect it could be pilot plant production of technical grade of lithium carbonate, hope it will be positive.

I more agree with the author, lithium hydroxide price has more to drop further, and reduces its premium to lithium carbonate. With current over supply, all lithium juniors will have hard time to get financing, either project developments or exploratory drilling, especially hard rock spodumene, it is way over supplied. With the current spodumene price, some mines may lose money.

tiger

https://www.mining.com/australia-govts-lithium-price-outlook-is-bleak/

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