OTCQX:NTTHF - Post by User
Post by
LithiumNPVon May 07, 2020 1:34pm
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Post# 30998838
Very frustrating
Very frustratingEven though I have no money in NLC and got out years ago at $1.80, I have been looking for opportunity to get back in. But the facts on the ground are the oversupply situation is relentless. It must be not only because covid-19, but subsidies for EVs ended, and how easy it is to extract hard rock lithium. The oversupply in report after report and chart after chart show us that we will not come into balance until 2025 and even 2028. EV sales dropped off a cliff. We have to wait till at least 2023 before buying NLC. The reast of this year, and 2022 and 2023. All I can say is very frustrating. Patience is even wearing thin on me also.