OTCQX:NTTHF - Post by User
Comment by
MurrayMacon Jul 21, 2016 10:17am
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Post# 25071936
RE:RE:RE:RE:RE:RE:RE:Does anyone have an idea as too
RE:RE:RE:RE:RE:RE:RE:Does anyone have an idea as tooInvestforever wrote:
I did my research, I have posted today a projected estimate for NLC project. you can read it if you want. in summary I wont compare NMX ( a 1 M Ton resource of LCE and hydroxide) vs. a 11 M Ton potential especially when one is spodumene with all the cost and one is Brine with the best LI/Mg ratio in the world. I wont debate you lets just watch the market and GL to all
I'm actually not debating......I'm trying to add a dose of realism here.
Why are you down on hydroxide......it is actually the lithium compound of demand moving forward. With much higher market pricing than carbonate? Nemaska has proven a way to process lithium hydroxide, at the same cost of brine producers [for the lessor revenue stream of lithium carbonate].
But then again, NLC is about four years away from producing a [bankable] Feasibility Study for true comparisons. The world lithium market could be over supplied by then. There are a great number of advanced projects on the cusp of moving from the development stage.....to the producing stage. Let's remember that NLC is still an early stage explorer shall we!