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 superscepticon Dec 21, 2018 12:08pm

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Post# 29146672

RE:SQM lithium hydroxide opex ?????

Eric35: their OPEX is around $2,500 - by memory from one of presentation (I think NLC'S).
I follow Li for last 15 years, since famous Fortune article "Saudi Arabia of Lithium" about Atacama, around Y2K predicting Li great future.

But it is out of content number. Their actual OPEX is around 0.
SQM is not Li producer, it is potash one - world best grades by far. Li always was sub-product.
Normally (pre-Tesla age) they were selling Li at 2000/tonne with great profit.
Later, when Chinese entered the market and suppressed market to $1000/tonne, SQM was not happy about it, but continue to sell it. Their actual (post potash) OPEX was around $200...

Now it is more as a lot was mined and they have to expand. Still, potash make Li dirt cheap for SQM.

That is why their expansion scared market so much....

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