OTCQX:NTTHF - Post by User
Comment by
tiger2201on Aug 15, 2021 5:33pm
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Post# 33707754
RE:RE:Canacord genuity price target
RE:RE:Canacord genuity price target I originally anticipated that NLC will be $6.00 by December 31 this year. Under current Lithium price and much higher anticipated price, my new NLC target price will be $8.00 by the end of year. NLC is the best name in town now. Certainly there are other names, they are either over valued or lower quality.
Keep long, enjoy the ride!
tiger
SnowyWindows wrote: The real push higher will be when they wrap up this feasibility study. 6.25 is reasonable for the current economics, which at this point are outdated. Include the new resource estimate, combine that with the final process used in the pilot plant, you can see how this name is still an easy double from the current 4.70 price
Nate05 wrote: Just bumped up to 6.25. Icymi I think it could maybe still go higher then that by end of year. But we shall seee. Lithium carbonate price up to 100000 now in cny