OTCQX:NTTHF - Post by User
Comment by
neoscepticon Jan 14, 2021 11:54am
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Post# 32294527
RE:NLC
RE:NLCFinancing before FS is quite possible, CATL representative is part of the board now.
CATL would not care about formalities, as soon as engineering firm confirm the PFS result the representative can nod to financing.
EIA is not on hand, yet, but I am sure 6 moths is more than enough to get it.
If 2023 is production, than LAC today si NLC's 2022.
Assuming 30% future dillutioin and parity with LAC, NLC should double in 2021 and double again in 2022.
Of course, many things can happened on the way, both positive and negative. NLC looks solid, but market, Li situation, and perceptions are not very predictible.
Most important is demand situation. If it will continue to grow Li will be viewed as defensive (crash- proof) metal. With today's crazy market valuations it is very important quality.