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Neo Lithium Corp V.NLC


Primary Symbol: 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.


OTCQX:NTTHF - Post by User

Neo Lithium Corp
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Post by neoscepticon Oct 12, 2021 9:33am
211 Views
Post# 33996720

Zijin group gain

Zijin group gainZijin gained 1.1B USD in capitalisation after the offer - shows how much NLC asset is valued.
Their shareholders obviously see 730M USD payment for NLC as a great deal.

I lowering my bidding war forecast from 50/50 to 20%, Zijin's main shareholder is Chinese Communist Party, well gov't investment group to be precise - Ii do not think they will allow any other Chinese companies to bid...and so far China is the hungriest for Li control.

US bid on own lithium and Europe want to be depend on someone else whether it is Li or natural gas...
I will vote "no" and will hold, but begin to think where to invest next... :(
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Dealroom for high-potential pre-IPO opportunities