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.

OTCQX:NTTHF - Post by User

Neo Lithium Corp > ALB predict 12-18 month

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Comment by tiger6301on Nov 13, 2019 2:39pm

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Post# 30346581

RE:RE:RE:ALB predict 12-18 month

supersceptic wrote: Tiger6301

“What does a company do? You’ve got to stay debt free, manage your balance sheet, manage your cash until we get through the next 12 months,” Berry said.

Should not be a problem for NLC even if no financing and with more drilling.

Just bought more at .49. I won't be surprise if it goes down during the year, market is in s-t thinking mode right now.

I hope the goal is to after the Pilot is to increase reserves. NLC presentation stated that superior chemistry should convert in superior recovery. If they actuall work on it and have known number, say 60% vs. present 50%, we can get 20% increase without any drilling. If 75%, we are getting 50% increase. Also, any new resource addition will come with multiplier.

There is nothing to do with EIA, just wait, but doubling high grade resource will catch investor's eye.