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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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Neo Lithium Corp > This is bad news, but who new the good one?

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Post by neosceptic on May 12, 2020 3:36pm

This is bad news, but who new the good one?

https://www.scmp.com/business/companies/article/3037435/teslas-chinese-challenger-evergrande-slams-brakes-electric-car

The bad new that real estate company cut investment in EV from 23B USD to "only" about still huge13B.

I never heard about such invsestmnet. Most focus is on BYD, Tesla, VW...
I heard about Faraday, but more like "attempt" that got forgotten.

What else is out there?

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Comment by Mkgrowth on May 12, 2020 4:04pm

Another bad news not related to EV but indirectly NEO's shareholder BlackRock: https://www.baystreet.ca/stockstowatch/7897/PNC-Financial-To-Sell-Its-Entire-Position-In-BlackRock-Inc

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Comment by neosceptic on May 15, 2020 1:56pm

I probably make my title too ironical, it was actually a good news as billions poured into EV productions, just less than initially planned. I do not think NLC will be affected, 60M total capitalization (m/b 10M of BR shares) are pennies compare to total assets they hold.

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