OTCQX:NTTHF - Post by User
Post by
Jelmston Mar 02, 2018 9:14am
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Post# 27650353
NEO LITHIUM ACHIEVES MAJOR MILESTONES
NEO LITHIUM ACHIEVES MAJOR MILESTONES BOOM!
Really good news:
- Processing studies at the project have achieved concentration levels of 3.8% lithium brine solely through solar evaporation - no costly additives were required, plus calcium chloride precipitates through crystallization and in the process captures water molecules within the crystals - both of these represent important developments for the project
- MOU was signed with the government of the town of Fiambal with respect to the location and building of a lithium carbonate plant
- Federal Government has granted 30 years of fiscal stability for the project, including preserving various taxes at current rates as well as other incentives and benefits
- Pilot scale pond construction has commenced in order to feed the pilot plant that is to be delivered to the project in Q3, 2018.
- New drill results will be available imminently
Great concentration levels, great low cost evaportion, and great MoU.
The 30 years of fiscal stability is insane! This confirms where this project is going to!
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aNLC-2576883&symbol=NLC®ion=C
And for all the lithium bears, please educate and read some opinions by the industry lithium experts: https://investingnews.com/daily/resource-investing/energy-investing/lithium-investing/will-lithium-prices-fall-2025/?as=1&nameplate_category=Lithium+Investing