Neo Lithium Corp NTTHF

Q4 . 30 April

[Eric35]

I did a little research during my confinement.

Cash and cash equivalents

 

SEPTEMBER 30, 2019

(EXPRESSED IN CANADIAN DOLLARS)

$ 33,450,621

 (working capital was $30,367,909)  

        

June 30, 2019

$ 35,479,914

 

THREE MONTHS Ended MARCH 31, 2019

39,630,009

 

PERIOD ENDED DECEMBER 31, 2018

$43,107,752

 

 Ended September 30, 2018

$ 45,515,847

 

 Ended June 30, 2018

$ 49,208,175

 

THREE MONTHS ENDED MARCH 31, 2018

$55,659,113

 

FOR THE THREE Months ENDED DECEMBER 31, 2017

$59,327,011

 

 

[RuudinFrance]

Thanks Eric, put it in a picture (Excel), with a trendline. In case management continues spending as they have in the past, we'll run out of money by 31-12-2021. Maybe they'll cut spending a bit and extend cash for an extra year. I just hope that the link works. Keep distance, stay safe and try to  have fun NLC historical cash positions and trendline into the future

[Eric35]

great graphics Ruudin. It was a good timing for Nlc when they made their financing around $ 2.00. What kills the junior companies is when they make offers of financing at $ 0.15 per share to public with a warrant. After, it's the reverse split ..... Coming back to NLC, they are in very good financial situation. The construction of the pilot plant, laboratory has been paid. I don't expect a

[RuudinFrance]

Eric, creating the graph was peanuts compared to your footwork of going through all the files to find the data. Hadn't you posted the data, I would not have made the graph, so, thanks again and I'm happy that you're happy with it :-), as am I, although a bit surprised at the linearity. The high dollar cost of the last financings was a good thing, even though we/I didn't know that

[Papino0]

Good job guys and we can expect a less negative trend in the next quarters with the covid situation and especially the field works that are done.                                                                         &

[neosceptic]

.Thank you guys for the cash projectioins. It would be a bad luck, such as new pandemic or new wave to block NLC from signing JV before 2021. There is no need for any major constructions, but in any case they will proceed with FS, which is costly. Unfortunately, planned cash saving measures will not allow new drillings in high grade zone. Almost sure that there is a lot of Li locked there. It can

[LithiumNPV]

You can't run a business where supply remains greater than demand in 2020, 2021, 2022, 2023, 2024, 2025, 2026, and 2028.

[SpenceW15]

What did you mean by this comment? Some producer can opeprate in any climate assuming opex is low enough.... getting the capex is a different story entirley. Low cost producers will remain and continue to expand operations (see ORC). Supply will dwindle as new projects fail to start-up and high opex producers shut-down operations, eventually some go bankrupt.  There will be a lot of

[LithiumNPV]

Dude that was over 6 months ago.

[LithiumNPV]

It's not 33 million from 6 months ago. It's not even the 23 million in the list of all those miners. We are looking at about $10 million when the next financial report comes out. Time's up. So they are not going to be able to last even the rest of this year, let alone 2021. Investors who have lost so much money are trying to talk the stock up. Incredulous.