RE:RE:NLC will not find an investor in 2018I am kind of hoping that NLC won't get into partnership this year.
It would likely be cheap sale.
Li is not "obey" normal commodity cylcle; its application been only recently (re) discovered.
Hype stage is over, since Feb. Demand is rising, but with delays. Rock based (Australian) and low quality Chinese brines jumped in on price hike. Combination of these factors (toghether with anticipation of "tsunami of supply") killed the hype.
Now, supply side begin to slow down. Low hanging fruits being picked, technical problems with brine scales up persist, and underfunded juniors won't contribute as much as expected. ORL and SQM already in delay mode. LAC is the only new large, low cost, brine supplier in pre-production stage.
If demand continued as now, "tsunami" will became "drain". We, probably, few month from new sellers' market. Then, with FS in view, NLC will be in driving seat to chose a partner or find financing.
For now, I will copy you, RuudinFrance: series of small buys around $1 should pay off hansomly in 6-8 month from now. It could go down, but unless something dramatic, who cares? If I knew for sure that it will go down, I would surely sell and wait, but we never know when or if upward trend will pick up. Maybe right now, someone, somwhere typing about "tsunami of demand" to publish on Monday and it will be too late to get in so cheap.