OTCQX:NTTHF - Post by User
Comment by
Analyst4iton Sep 18, 2021 3:45pm
163 Views
Post# 33883527
RE:NEOphyte's arrival
RE:NEOphyte's arrivalThey are about to. Unless Covid dealys it (likely not much if any as they'd likely preannounce that) by the end of the month we should have the looong awaited DFS for financing w/ CATL. Most importantly the DFS will include some (more will play out w/ more drilling) of the MAJOR high grade resource additons just a couple months ago.
Importantly the new resources are in the high grade area so the economics of already low cost/high grade leveraging shoudl prove excellent. This was already one of the higher IRR Li projects out there - I expect the new IRR will hit the cover off the ball. (for reasons mentioned.) I expect we should add at least a buck in share price rerating. That, or CATL makes an offer. (Note Ganfeng and CATL are now in a bidding war for Millenial so the vertical integration and resource grab competition is heating up.)
Maybe this week we get the DFS!?!