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 > This is really bag news for the lithium sector

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Post by tiger6301on Dec 03, 2019 2:28pm

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Post# 30418217

This is really bag news for the lithium sector

We know ORL is selling Technical Grade of lithium, NOT battery grade. The Low lithium price may last a while.

Orocobre Limited (ASX: ORE, TSX: ORL) ("Orocobre" or "the Company") provides the following update on expected lithium carbonate pricing for the December quarter.

The indicative weighted average price of lithium carbonate sales for the December quarter is now expected to be approximately US$5,400/tonne FOB, subject to achieving the planned shipping schedule.

They have guided $6,200 to $6,500/ton during the last Q report.

tiger
https://www.theglobeandmail.com/investing/markets/stocks/ORL-T/pressreleases/4039527/