OTCQX:NTTHF - Post by User
Post by
happycaapion Sep 22, 2021 2:27pm
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Post# 33899338
Remember our old friend Lithium NPV?
Remember our old friend Lithium NPV?Our friend posted January 15th, 2020:
https://stockhouse.com/companies/bullboard/v.nlc/neo-lithium-inc?postid=30557761
"
NLC Likely to Go Bankrupt and Seek Creditor Protection
Canadian lithium hopeful Nemaska has obtained creditor protection
The weighted carbonate price fell to below $8,000. Not much room for profit as we are probably at $6000 or $7000 now.
Remember, NLC has to convert their carbonate to hydroxide so their reported cost of $3000 is more $4000 or $5000.
It's only going to get worse. But for those gamblers out there who say to buy more, you deserve what you get. "