OTCQX:NTTHF - Post by User
Comment by
tiger6301on Mar 05, 2018 1:32pm
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Post# 27662338
RE:RE:Looks like great news
RE:RE:Looks like great newsI like this morning's news, NLC has all the major characters of a mine, which are:
High grade, one of the highest one in Argetinia;
Low Impurity, Mg/Li is very low, SO4/Li is low, which consuquently redices the unit cost;
High Resource Size, that's mean long mine lift.
Any majors who are looking for acquisition will conside the above factors.
NLC has about 60 millions of dollars, that's enough to prove the resource size and complete the FS. IMO, NLC will be bought out before it gets into production.
Regarding the resouce update, it was Q2, and it may be pushed into Q3 or Q4 this year. NLC has the money, and so they can just keep drilling.
I am surprised that this great news didn't move our SP, anyway, NLC is a long hold.
tiger