OTCQX:NTTHF - Post by User
Post by
neoscepticon Nov 26, 2020 1:27pm
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Post# 31981983
Next 6 month external catalysts mostly
Next 6 month external catalysts mostlyBut with US joining the wolrd efforts to minimize global warming problem, we may see an acceleration of batteries demand.
https://stockhouse.com/news/press-releases/2020/11/24/these-are-some-of-the-top-catalysts-for-the-coming-lithium-boom
NLC will, probably, make new resource estimation within 2-3 month and continue to be quiet till May - June when FS is ready. EIA permit should be received by that time too. FS completion likely to become the last chapter of NLC as exploration company and (if it trigger financing as CATL imply) opens a new chapter - preproduction, which should bring new type of news and valuation.
Minor news (engineering firm selected, FS work begun - unlikely affect much).
External developments will be more frequent. Joe Baiden already promised funds to start opening 55,000 charging station a year for the next 9 years. Lack of charging infrastructure is one to blame relatively slow EV penetration rate. With VW adding affordable to middle class models it will be a great combination.
We are going to see a lot more EV on the road even before NLC will start delivering Li....