Neo Lithium Corp NTTHF

RE:RE:RE:RE:Are we going to get any update this month??

[Eric35]

It makes good sense: In speaking with CEO Farhad Abasov, he and his board believe that news on one or more parts of a funding package could come within three to six months. Management is speaking with global industrial companies, some of which have already done substantial due diligence. A few interested parties would like to see a staged ramp-up to minimize capex, so instead of moving to 24,000 tonnes LCE/year by 202526, [the company would get] to 10,000 tonnes and remain at that level, only expanding if/when market conditions warrant. In that scenario, capex could be reduced from US$448.2 million to under US$300 million. Then, operating cash flow could be deployed to partially fund an expansion from 10,000 to 24,000 tonnes at a later date. Also, a few prospective partners have lithium extraction/processing technologies, or access to technologies, that (if they work at commercial scale) could further optimize Millennial's operating flow sheet, potentially enhancing project economics. In some cases, the need for evaporation ponds would be eliminated. When i look Orocobre how much they have problem to obtain BG and full scale . It's look Lac is going too big to start. Is good look the other and don't do the same mistakes