Neo Lithium Corp NTTHF

Lithium Article

[tiger6301]

Mean time we are waitting for NLC's next NR, I more expect it could be pilot plant production of technical grade of lithium carbonate, hope it will be positive.

I more agree with the author, lithium hydroxide price has more to drop further, and reduces its premium to lithium carbonate.  With current over supply, all lithium juniors will have hard time to get financing, either project developments or exploratory drilling, especially hard rock spodumene, it is way over supplied.  With the current spodumene price, some mines may lose money.

tiger

https://www.mining.com/australia-govts-lithium-price-outlook-is-bleak/

[supersceptic]

Tiger. NLC's advantage is own mine economics. Yes market is saturated and very competitive now, but NLC is one of most competitive company, assuming PFS 3K/tonne is achievable.. OK, NLC will contribute to oversupply and price will go down to 8K, there will be a lot more projects delay, some bankruptcies, some conservations, but NLC will still be super-profitable. After supply reduction there

[LithiumNPV]

These sell side reports predicting $2 don't take into account other reports that tell us the oversupply will persist to 2025-27. Also Argentina is not close to the gigafactories so that's a problem. Therefore, we should expect NLC to continue to creep down to 30 cents and definitely below 50 cents before all is said and done. This is not a buy and hold. This is a SELL and a rebuy back at

[LithiumNPV]

I've been warning about oversupply for over a year now but nobody would listen. They said these oversupply reports don't exist, yet I said they did. They just bought more and more stock as the prices kepting coming down in prices of lithium and shares of companies. Yet I am derided for warming. I like making money, maybe you should listen next time.