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 > BULL

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Comment by BigBangOriginson Oct 05, 2021 1:35pm

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Post# 33967726

RE:RE:RE:RE:RE:RE:RE:BULL

I'm sure Carlos is working hard in the background trying to bring in as many parties to the table to create heated bidding war. The only reason I can think of for the DFS not being released up till now is because of serious financing discussions occurring in the background.

As for the actual financing, get the minimum amount of money to get construction moving forward and secure debt for the remainder via signing of offtakes. Management has acted in the best interest of shareholders up till this point and I am confident they will continue in the same manner.

With the $55M+ sitting in the bank, I'd like them to be more aggressive by getting construction started even in the absence of financing being secured. All the hold out financiers will eventually come to the table because demand for batteries and lithium keeps going up but supply is constrained remains strained over the next 5 years.

Good luck to all the longs!

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