OTCQX:NTTHF - Post by User
Post by
superscepticon Feb 04, 2019 5:42pm
107 Views
Post# 29317582
As it is depressing now, it will be fun soon...
As it is depressing now, it will be fun soon...INDUSTRY
LI Industry is "depressed" because of fallen Li prices, despite surge of demand.
Supply responded well and it is race between them. 20-22K oversupply in 2018, but it include de-stocking trend.
De-stocking is long term only when industry itself on decline (like it was with uranium after Fukushima). Not the case with Li, that means - sooner or latert we will see re-stocking. 5 new Australian mines entered in 2018. 3 other expected in 2019, but continuous expansion of SQM, ORL and others will be more influencing this time.
Demand is everywhere: EV, Storage (fastest growing component)), tools. EV now includes trucks, planes, busses....
Overall Li prices are unpredictible because supply/demand difference is so thin, most say 20K surplus first 6 month, next 6 month trend toward better or full balance.
NLC - that is where most fun, especially during frist 6 month, timing is depending on level of optimism:
FEBRUARY - EIA submission
MARCH - plant operation
MARCH/ APRIL - drilling results
APRIL - PFS
APRIL / MAY - plant results
MAY / JUNE - EIA results
JULY - partnership (most speculative)
AUGUST / SEPT - financing (if partership is signed)
DEC - FS
I am slowly accumulating NLC, would go faster with shares under .80, but need to pay bills first....