Neo Lithium Corp V.NLC

Primary Symbol: NTTHF

Metals & Mining Industrial Metals & Minerals

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.

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Neo Lithium Corp

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Comment by SnowyWindowson Dec 13, 2017 6:53pm

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Post# 27151779

RE:Re. news

supersceptic wrote: Just read it too.
Updated PEA is formal reason for halt.
Project just got cheaper - cap cost is especially nice saving, because its reduction means less dilution.
Financing surely will be mix debt and equity.
If OPEX will go down too and resources will go up, with cash on hand this company will became prime
target for takeover, but NLC already do not need it.

I’ll be shocked if they survive until 2020 without being taken over. I’m not sure how badly Waldo wants to develope this himself, but this land package is just too big for the big guys to ignore. I’m sure they want to keep their oligopoly badly enough to either create a hostile takeover or make an enticing deal. They still have 2 years until production, but I’m not sure if that matters. This land is so profitable I imagine they (FMC, ALB, SQM) are already trying to make offers.

As long as Waldo keeps creating value like he has, I’m happy to keep holding.

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First Nations contributions attract investor interest