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Neo Lithium Corp V.NLC


Primary Symbol: NTTHF

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.


OTCQX:NTTHF - Post by User

Bullboard Posts
Post by Eric35on Dec 27, 2018 10:47am
70 Views
Post# 29159648

Not worry about lithium oversupply

Not worry about lithium oversupplyAnd secondly, most of these companies will not get financed to production. And on a project level … most of the projects that have been financed with at least a piece of debt, which most projects are, that debt has come from a strategic partner and not from banks. And so you can see … the hesitation from traditional banks to get involved in the space. And so if it’s strategic partners that are putting up the debt financing, you know where that material is going to go to. Most of that material goes to that financing partner, and so you kind of limit the oversupply issue that people have been talking about.


https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/reasons-not-worry-lithium-oversupply/

Bullboard Posts