Neo Lithium Corp NTTHF

JV

[Eric35]

Are they really need a JV when the capex for the mine is only 319 millions minus cash in hands,off take agreement money.And bad timing now to look for a partner, almost 52 week low 0,64$.

1.pilot plant producing battery grade lithium carbonate.

2.EIA approval

3.FS

4.Financing, off take agreement, loan from the bank

No share dilution, Keep control 100% of th mine. They have enough money to do all the working until FS and more.

[supersceptic]

Without point 1-3 nobody will even think about giving the loan. By the time we are there, we will have 10M on hands, if not less. Present management has no experience bringing projects past FS. One of the reason ML has premium over NLC. Abasov brought Alania from 0 to selling its potash to Chinese market under Ethiopian conditions, Argentina is a joke for him. We would have to hire big team