OTCQX:NTTHF - Post by User
Comment by
neoscepticon Jun 19, 2020 10:42am
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Post# 31169169
RE:RE:every stock is "vaccine stock"
RE:RE:every stock is "vaccine stock"Agreed, the price is the key. Unfortunately, as far as I know the oversupply in battery materials also present. At the same time, the low prices causing underinvestment in Li. Regardless of state of economy, at this point, EV is future. Apple experience explosive growth in the middle of Great Recession.
Li is emerging as a defensive stock, when equilibirium will be on the horizon, game will change.
For now, most important is NLC development. LAC capitalization if 430M, NLC 55M, because LAC is developer and NLC is exploration stage company. As soon as financing and EIA are obtained, NLC will jump to next category. If we "shave" 130M from LAC (geography + timing ahead) and divide by 2 (dilution), we will have 150M fair capitalization with our prices. Won't happen overnight, but trend should be stron.