Neo Lithium Corp 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 > Excellent Lithium Article !

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Comment by NeverStopAskingon Aug 02, 2019 11:24am

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Post# 29988480

RE:RE:RE:Excellent Lithium Article !

LithiumNPV wrote:

RuudinFrance wrote: Thanks tiger,for another good one.

I sense some exasperation with the author :-), which nicely translates into a more agressive stance.
This is good. All that capacity of new battery factories requires much feedstock. The one that has our interest is Li, but Ni, Co and C are equally important.

It's good to deduct (I do) that the demand for Li at least, cannot be fullfilled by 2023. It's too late already, even today with still a couple of years to go. Benchmark has the correct argumentation.
Maybe Li market prices may go down short term, but only as long as battery factories keep on playing dumb.
Once they realize that the factories will only run at low percentages of capacity they'll get panicky (good for them, even better for us).
The thing is, that this may take some time, but they also might get the itch as soon as next week.
Longs have time and the above on their side.

Have fun

I thought the article was really negative against brine carbonate so that doesn't bode well for NLC. The additional cost is $2000/tonne to convert to hydroxide from carbonate so the cost is $5000/tonne as expensive as spodumene miners.