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Neo Lithium Corp V.NLC


Primary Symbol: NTTHF

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

Comment by RuudinFranceon May 31, 2021 7:51pm
156 Views
Post# 33300034

RE:RE:RE:PP1-R-25

RE:RE:RE:PP1-R-25
Greektome wrote: Holy shi* Rudy, is that all you do in your retirement years is study geology? Well done.


Hey Greek,

long ago, after the PEA or the PFS, I don't remeber which, I roughly estimated/calculated the brine content (produced carbonate) of 3Q. I think I also mentioned my result here on SH NLC board.
LOM carbonate production does not stop at 10 million tonnes.

That's one of the reasons why I smiled so happily when I read somewhere, also some time ago, that Argentina's carbonate reserves were  about 10 million tonnes.
OK, I'll admit that that was a number coughed up by the "experts" who add up the official calculations.

Our management team also knows this, CATL does as well.
They have to follow the rules though (independent analysis & such), which I don't have to do for my own investment decisions.

If they would produce 100K tonnes/yr, they can keep it up for 100 years.
Mind you, as production progresses, average brine content will grow to a lower number, we'll need more ponds to keep the plant working at capacity. A good problem to have.

Yup, it's big :-)

Have fun.


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