OTCQX:NTTHF - Post by User
Comment by
superscepticon Nov 21, 2019 11:25am
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Post# 30378370
RE:RE:RE:RE:Forbes article summarize the big news
RE:RE:RE:RE:Forbes article summarize the big newsNemaska just hit another roadblock, s/holders not sure anymore re. pumping more money in pesent environment.
We are if not at the bottom of oversupply, then close to it. Atypical situation. Supply demand problems is normal for miners. Not often when demand is keep growing. Close to tech problem hype-reality bites-normalzation and growth.
I hope that Waldo meeting people who can see further than next quarter. NLC will be ripen for production in 2-3 years if projection will change (demand pick up), then even with present Li prices investor s/b interested.
EIA is taking long, but it is must to have, the last external must to have. Li grade is one must that under control, more resources or FS is nice to have, but can live without them.
I do not see why Waldo ask for hold on with decision (unless it is negative).
I think that they asked for more (minor) information and NLC working on it, but did not disclose the delay, because it may look like reject. Or we have delay due to election and now maybe revision of the policy. Hope we will get yes this year.