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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Comment by LithiumNPVon Aug 24, 2019 3:41am

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Post# 30061431

RE:RE:If you feeling down

RuudinFrance wrote:

supersceptic wrote:
That is where 18 month of payback time come from.

SS, isn't that 20 months? 1 yr and 8 months, per MD&A as off 31-03-2019.
But, when you're right and they can produce long time from high grade deposit, it may well be 18 months.

Have fun.

The problem is LCE is going to put some companies out of business because it will drop down below $5,000/tonne. After processing from carbonate to hydroxide there is no profit to be had.

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