Neo Lithium Corp V.NLC

RE:Li is under pressure, but for how long?

[LithiumNPV]

supersceptic wrote: Forecasts are completely speculative.
Good article, short, informative and open end:

https://www.mining.com/battery-capacity-electric-cars-nearly-double-last-year/

Will Li miners keep expanding at 2018 pace if Li prices are going down?
Is demand prediction accurate?

Chinese automakers predict expansion of EV in China from 1.2M to 1.6M in 2019 representing 33% y to y increase in China or 16% EV global expansion due to this factor alone.

Investors burned on Uranium and Rare Earth problems when prices surged and collapsed, just like Li did.

But this is completely new situation, but Uranium and Rare Earth got caught in political problems (fear, regulations, quotas) while demand increased at slower pace. Li demand is surging and politics (global warming, clean tech) is on Li side in short and l-t.

Sentiments can change not only due to actual shortage, but expected one...

NLC has key advantages, low cost high quality deposit that is viable even during worst over-supply possible, altitude of brine lake that preven any excessive rain, and 3-d aquafier that is completely undergound. So - cheap Li from 3Q will be flowing no matter what.

Very highly correlated is the price of lithium to share prices as you can see the rout started at the beginning of 2018. I would not consider buying NLC until the price starts to level out and turn up a bit at least. That being said, the real problem is the last 4 reports I read all said that the oversupply problem is massive and goes out to 2025.