OTCQX:NTTHF - Post by User
Comment by
RuudinFranceon Apr 27, 2021 10:11am
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Post# 33073671
RE:Good news but not as transparent
RE:Good news but not as transparent Neo,
largest part of the salar has something like ~650mg/l.
The high percentage part of the salar has something like ~1000mg/l.
The 4000mg/l comes after pre-evaporation and the decalcification treatment takes it just a bit lower to 3.6% and ready for the plant.
The resource is only calculated for the first 100m in debth of the salar.
We know that the salar is 6-7 times deeper.
We know the lower aquiver also holds good Li+ grades. The extent of the salar depth has not even be drilled in a systemical manner.
NLC knows that the Li-content of the salar is huge.
It is so large that they do not want to spend more money for deliniation purposes.
It would be money ill spent.
It's only us, retail investors, who get impatient with this way too low SP.
Advice: Remain patient for another two years.
We will see NLC at $25.-
We sit and wait while they work their a$$es off.
Waiting is much worse than having all the fun of working towards a very good result.
Keep your cool and while doing that,
have fun.