OTCQX:NTTHF - Post by User
Comment by
LithiumNPVon Feb 18, 2020 9:04am
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Post# 30702070
RE:RE:RE:RE:RE:RE:RE:1,50$ after the financing news
RE:RE:RE:RE:RE:RE:RE:1,50$ after the financing newsBigBangOrigins wrote:
I can agree with the shareholders frustration on the lack of updates from management on the milestones. But if they are in the final due diligence phase with multiple parties to secure financing, then that is huge. In my opinion, releasing any additional news is not necessary at the moment. The purpose of achieving the various milestones (i.e. Battery grade, EIA, drilling, FS) is to attract and secure a financing partner, which they seem to be near finalization. Releasing anymore news could complicate the final phases of signing a partner. I think patience is warranted to management by shareholders who want the true value of 3Q realized. It is quite a feat to bring a project from discovery to almost construction in little over 3 years. Let the speculators trade day-to-day and miss out on the huge returns to be made.
Maybe they have a deal and it is not not as bad as LAC, but it will still be bad, because their back is up against the wall. They are running out of money fast.