Neo Lithium Corp 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 > 2 years

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Comment by RuudinFranceon May 14, 2021 6:18pm

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Post# 33208558

RE:RE:RE:RE:2 years

neosceptic wrote: Last year I participated in online conference for investing and speaker was very convincing when demonstrated how easily IRR can be manipulated from 12 to 40%, calling it useless indicator.

I, also, learned not to care about payback. The larger mine, the longer payback. If you buy one lemon and make 2 glasses of lemonade selling it in 20min. you have crazy short payback period compare to buying lemon plantation and building giant plant...

NLC's figures are based on 20K/year production and 11.5K Li prices. Now, they hinting on 60K production. This may make payback twice as long even at 13K prices.

I do not think NLC need to have more drillings, though it would certainly make great impressions. I am curious about NLC resources after adding results of the latest drilling (could be very impressive on its own).

Right now, it is all about speed of development. LAC has 6 times higher capitalization only due to the fact that they ahead of NLC. When NLC will have DFS and financing on hand, NLC should have 600M cap even with present resources. That would mean 50 to 80% addition to share prices (depending on future dilution level).