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 > All Longs

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Comment by Papino0on Oct 08, 2021 2:34pm

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Post# 33989849

RE:RE:RE:RE:All Longs

Here's what the board's smartest man taught us:

LithiumNPV wrote:I think you are underestimating the price of lithium carbonate (LCE). In China we are seeing numbers nearing $30,000/t LCE.

We might see $50,000/t which does not impact the cost of the battery by very much considering it only makes up 2% of the existing cost.

Just think if we see a resource estimate come out at 5 million tonnes x $30,000 profit/t LCE = $150 billion resource. We are talking a share price of $600-$700 per share right now easily as net present value (NPV) that it should be valued at, not $6 as you gave.

Of course I am giving extreme numbers, but it does make one think and salivate.

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