Neo Lithium Corp V.NLC

NLC & Lithium Related

[tiger2201]

It's a qute summer. Although lithium prices have been up and high, but the share prices of most LI companies have been on the side way, and we may see some movements from earliy Fall, and I see NLC is in a similar pattern until into September.

Here is a lithium news, 

Ganfeng gets green light for Argentina lithium plant

https://www.miningweekly.com/article/ganfeng-gets-green-light-for-argentina-lithium-plant-2021-07-07

I have a look about Ganfeng's Mariana's project in Argetina, here is the summary:
Measured: LCE - 2.81 Millions Tonnes @ 314 mg/L;
Indicated:  LCE -  1.60 Millions Tonnes @316 mg/L.

As you see that the lithium grades are even lower than NLC's Cutoff grade of 400 mg/L.  The worst parts are Mg/Li ratio is 14 & SO4/Li ratio is 51.

NLC has the best of the best projects in the world, and is a winner for sure.

tiger