Neo Lithium Corp V.NLC

Primary Symbol: 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 > 1,50$ after the financing news

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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

BigBangOrigins 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.

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