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.

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Neo Lithium Corp > Canacord genuity price target

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Comment by neoscepticon Aug 17, 2021 2:44pm

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RE:RE:RE:RE:RE:RE:RE:Canacord genuity price target

Greektome,
I agree, my estimations are conservative. I am cautious because of unkwons, similar to unexpected Australia's production boost 2.5 years ago. Of course, at that time extra 60K Li was enough to generate surplus, in 2024 500K needed and it will be very difficult to imagine.
Yes, dilution also unreasonable if s/p is $7 and 30% is 35M shares we are talking 300M (or about 220M if at $6). I assume, though, that CATL would demand larger operation than in PFS, more CAPEX.
My earlier prediction was $4 by the end of 2021...I am glad that it happened earlier, won't mind to be wrong in similar way again.

Have fun

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