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Bullboard - Stock Discussion Forum
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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OTCQX:NTTHF - Post Discussion
Neo Lithium Corp
> Bloomberg
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•••
Papino0
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Post by
Papino0
on May 11, 2020 9:09am
Bloomberg
When investors, chairmans and executives will ask themselves if there projections are possible?
https://www.bloomberg.com/amp/news/articles/2020-05-11/to-avoid-battery-metal-pinch-carmakers-urged-to-invest-in-mines?__twitter_impression=true
I still think that the chineses will do everything to cover up the fact that they wont be abble to supply everyone by themselves, but it's just a matter of time before the truth burst . We do not have enough Tier 1 materials for next years demand. Yes there will be plenty of technical grade, but rare will be the consistant Battery Grade producers as even today , the best and more experience producers still struggle to deliver ( ORC , SQM , ALB ) . So the oversupply myth of someone is just a lack genuiness or simply stupidity . We need consistant BG at low price fast and NLC is aiming straight to it!
(126)
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tiger6301
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Comment by
tiger6301
on May 11, 2020 9:41am
I more see the battery manufacturers to invest the lithium mines directly, they are the link of the supply chain. The Auto manufacturers may invest or JV with battery suppliers. tiger
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