Neo Lithium Corp NTTHF

Looks like a feeding frenzy

[RuudinFrance]

I have no objections.

Still 25% down, but the ones I bought for my grandkids are in the green.

Have fun

[LithiumNPV]

You're probably down 80%. Ouch.

[SnowyWindows]

Tesla is really driving these higher. Seems like it will be an interesting week. Still here too, good luck

[RuudinFrance]

Thanks Snowy, would not mind either to see NLC make a jump of $187 in a day's time :-) Have fun.

[LithiumNPV]

The regulars here havce lost so much money, some down 80%, others down 50%. I even got someone to admit they were down 25%, which really means down 50%. We won't get suckered into your losing trades, but wait for it to go below 40 cents and realize the fact that since there is oversupply to 2025-27 then you shouldn't even be thinking of buying this stock until 2023. Gamblers!!! Being

[neosceptic]

Good start, no questions. We cannot expect the growth like last 10 days, there will, also, be a profit taken, quite soon. However, it maybe an indication of trend reversal. Li is very cheap now which can tighten supply. 2021 is expected breakthrough year for European EVs and 2022 is when supply/demand balance to be achieved, assuming slow supply growth due to prices under 9K and moderate growth

[LithiumNPV]

Misinformation needs to bre corrected with these facts.  Supply/demand balance is not achieved (see various charts) till 2025-27. So 2023 is still too early to begin production. LCE is now $5000. Yes NLC can make money at that price but it is nto that good.

[JMark80]

All the lithium juniors have gone up, look at American Lithium! Doesn't have anything to do with the price of lithium, which can't be considered very cheap.

[LithiumNPV]

The reason all lithium juniors have blown up is because of oversupply. Oversupply leads to falling prices. If you don't think $5000 LCE is very cheap then prices will collapse even further, blowing up even more companies. Good luck with that.

[JMark80]

I mean regarding supply/demand. The price of lithium has only a small effect on price of an EV since they don't really use that much lithium. Solid state lithium batteries will use more, but will be much easier to recycle. At some point, all the lithium will be able to be re-used, but that is many years away.

[LithiumNPV]

Regarding supply and demand, supply still outstrips demand. This is why LCE is at 5000, not much profit to be had.

[neosceptic]

The price of Li is very stable on very low level. The rally is plugged to Tesla's rally. They are selling more than expected at prices that are lower than expected. Consumer sentiment maybe changes and there is less range phobia than ever, especially since long distance car travel is less popular now. We may have a second wave. Elon Mask had announced that on September 22 they will reveal new

[RuudinFrance]

There still is this great misconception that all Li is equal and that all Li is equally priced. BQ (to spec) Lithium chemicals still have reasonable prices around  $10-12K/t. Pleaase read/listen to Howard Klein, Joe Lowry and Gerrit Fuelling. Have fun

[SnowyWindows]

Getting above the 99.5% grade, battery grade lithium, has been an amazing accomplishment. Very difficult to accomplish. I hope the team over at NLC gets their recognition soon with this project

[JMark80]

Out of curiosity who hasn't been able to obtain, or upgrade to battery grade lithium?

[RuudinFrance]

Of producers? Orocobre. https://www.linkedin.com/pulse/orocobre-matters-update-joe-lowry/ Just 95.5% (definition of battery grade), purity is not enough for battery makers. They have their raw material specifications and are willing to pay the price. Long term contracts, even today, at about $10-12/kg. ORE gets $5-6/kg Refining is tedious and costly and there's insufficient capacity for

[neosceptic]

Lowry, so far, was given most accurate predictions. If he is right again, the breakthrough not far away. By the way military are in process to change acid batteries for their tanks and other vehicles. This is interesting development. First of all it shows how safe and reliable Li batteries, second, military started many trends, when ICE cars will start changing acid batteries to Li, the demand

[neosceptic]

sorry the link: https://www.galvion.com/pages/vehicle-power

[Greektome]

To Rudy, I've been an investor in NLC for several years and have had the great fortune of averaging down over the last year and a half. I value your opinion and appreciate the links you provide. I hold more shares in this company than I care to admit, thank you for your DD over the last few years. When I read JL's reports and consider the bottle neck supply and demand scenario over the

[RuudinFrance]

Thanks for your appreciation Greektome, especially in the early days there was a lot of DD to be done. I suppose we're somewhat alike. Both "old" (made 70 yesterday), fairly well off, long NLC, overexposed NLC, averaged down to this degree of over-exposure, confident in future of NLC. I'm holding more than 40% over what I want(ed) to hold. The averaging down possibilities were

[LithiumNPV]

Have fun waiting for a 100% return from 50 cent to a $1 when the oversupply problem corrects itself in 2025-27. 

[Greektome]

How's that NLC 100$ per share prediction of yours coming along? Yes folks that is what our genius here was spouting off about back when he held shares....now he gloats in others misfortune....your friend Jesus is very proud of you I'm sure. See you in hell hypocrite!

[Papino0]

Recently everydays have big announcements in EVs, I'm thinking about Germany, France, UK, Italy and South Korea with their billions. California with greener heavy transport regulations. The OEMs too, with their deals for batteries like Tesla, BMW and Honda . The  expected wave of new models that will hit the market soon: VW I.D3 (could be the new people car) , BMW IX3 , Rivian R1T (this

[RuudinFrance]

Yeah, Troy is a special number :-) Have fun.

[LithiumNPV]

$1.80 is a special number. The amount of money you lost on NLC is not a very special number.

[LithiumNPV]

I got out at $1.80 because I was aware of the oversupply problem which will persist through to 2025-27.  I seem to be the only one making money here. You seem like you are in a lot of pain that you have lost so much money. You were buying above $2 and all the way down as several others here are in your losing shoes.  You keep losing money as the price keeps going down as it bounces

[LithiumNPV]

Christians don't go to Hell (it's impossible), so we can't go to Hell with you. We are once saved always saved. You prefer to remain in your sins eternally separated from God.  Not only are you not a Christian, you keep gloating about losing money on NLC, and it sounds like some $100 prediction didn't pay off for you.

[LithiumNPV]

You haven't done your DD because the oversupply problem in report after report continues to 2025-27. Therefore the stock should go down to 20 or 30 cents before all said and done. But you like that, doubling down in a losing trade so you should enjoy this one.

[JMark80]

Agreed, price is stable but I wouldn't consider it low when there are a lot of projects in development that are economic at these prices. Solid state batteries are years away!

[neosceptic]

Yes, prices were falling down from ureasonable level, RuudinFrance mentioned misconception, and contractual vs. spot prices differences also large enough to consider. However, the expansions of few key mines are stalled for the reason. . New projects are under-development for different reasons. Some already practically spent too much of  Capex, like LAC, they won't be back if project

[LithiumNPV]

There is an oversupply, has nothing to do with Elon Musk per se.