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 > Diversification

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Post by NeverStopAskingon Aug 23, 2019 6:04pm

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Post# 30060649

Diversification

Just a quick question:

I have a minor position in NLC mostly because of the resource and the managment team.

However, I would like to diversify my holdings in the lithium sector.

Since China is making huge steps towards controlling massive parts of the EV supply chain I was looking into buying Ganfeng Lithium in Asia. However, I am a bit confused when looking at the prices in Hong Kong and Shenzhen. I am well aware that there is usually a discount in HK but currently it seems that Ganfeng is trading more then double the price on Chinese mainland.

Does anybody have experience with it or have an explanation how such a huge price gap can last for a long time?

Thanks for your help.

Folgen