Neo Lithium Corp V.NLC

RE:RE:Is this the week of the PEA?

[supersceptic]

They already released few hints on PEA.
Based on 35K and use of highest grades first (means high cut off).
This will reduce project life, but in combination with low impurities, they aiming at, probably, second lowest cost in industry, after SQM.

I expect very low OPEX and below average Cap cost (high grade demands smaller ponds).
Downside - "mine" life could be between 15-20 years.

What would be valuable is the note about the stage 2, after high grades are used. There are plenty of Li if 300ppm is used.

PEA may give some boost, but I am not counting on it. Further work on de-risking (move resource to higher category through pumping tests) and drillings at depth making project larger (and updating PEA) will attract attention to big $ investors. They like large, low risks projects.

It is spring in Argentina now, new season just begins. PEA is closing page on chapter one and we already know the story, grades, first resource.

Those who counts making fast bucks on one news maybe facing disappointment, just like those who counted on surge after maiden resource estimation and 403 report.

It is months after PEA should count the most.