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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.


OTCQX:NTTHF - Post by User

Neo Lithium Corp > NLC, great close up 25%
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Comment by LithiumNPVon Jan 14, 2020 5:51pm
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Post# 30553144

RE:RE:RE:RE:RE:RE:RE:RE:NLC, great close up 25%

RE:RE:RE:RE:RE:RE:RE:RE:NLC, great close up 25%
shahabstarship wrote: A few weeks ago, I listened to an interview with Carlos Vicens (CFO), he implied that the stock 'sinherent valuation should correspond to 6-7 per share. Now there is lots of assumptions for this (EIA, financing, smooth construction process and ramp up). I share his view (just look at ORE and LAC valuations for more near-term financed producers), but we need a few good things happen before this view materializes

The reason NLC doesn't attract a higher valuation is because it is stuck in lithium carbonate land. The conversion to hydroxide absolutely needed is expensive.
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