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 > If you feeling down

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Post by superscepticon Aug 23, 2019 10:16am

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If you feeling down

due to latest lows. Re-read news release June, 2019.
We have little idea how much more resources NLC has. It is likely that company can pump 1000+mg average at 20K for 20 years and have 11Kmg of K as a subproduct (per unapdated PFS "only" 10)

It is second only to SQM and there is no other new miner, developer, or exporer that can boast such grades with this quantity, SQM has more impurities.
That is where 18 month of payback time come from.

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