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Neo Lithium Corp 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

Comment by superscepticon Jun 06, 2019 9:59am
53 Views
Post# 29802368

RE:Neo Lithium Discovers High Grade Lithium at Greater Depth

RE:Neo Lithium Discovers High Grade Lithium at Greater DepthThis company generates only good news (just knocked on the wood..). Sometimes, not as good as expected, but still good and nobody perferct...

At the same time, if find it upsetting that management seems to underappreciate drillings and deposit expansion and presentation. I do not mind if they will go to minor dilution (20M shares) fund more extensive and expensive drillings. 600M and 10-15 more drills in high grade area.

OK, some widest and deepest holes will come back empty. OK some of porosity won't allow commercial pumping, but at least we will have a map of Northern part and m/b 2-3 times more high grade brine. That would make ORL or LAC nervous, never mind ML (that 30% better capitalize...).

Li is metal, light, but brine with it heavier, the deeper hole the higher grade and now potassium appearing in commercial number?

Presentation too. Give invstor good sensitivity analysis. Show, that deposit is profitable even if catastrophical 5K/ton and show up to 20K/ton of projected 2025 deficit...NPV - start with 0 (metals are inflation proof) and go up to super riski 12%..5K at 12% will show that even at this point we can breakeven and 0% at 20K will show ridiculous result....
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