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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Neo Lithium Corp > 2021 Target

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Post by caymanoffshore on Jan 25, 2021 9:05pm

2021 Target

Analyst targets were raised to $4.25 then NLC mgmt raised 30m in equity soon after anaylst report was released. With financing deal in active discsussion, what is this boards share price target by end of 2021. I have a target of between $4.75 to $5.00 per share. (75% of FS NAV 1.2billion) / 180m shares (initial 40m shares with financing deal) gives $5.00 share price. I realize this is a basic calculation but what are the boards thought on this?

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Comment by Greektome on Jan 25, 2021 10:10pm

I'm not disputing your numbers Cayman they are reasonable,however, with Carbonate now nearing 70000 yuan/ ton and increasing at 1-2 percent daily, I have to agree with Carlos Vicens that it will reach it's all time highs again. Throw in a little hype and my numbers are double yours. I don't think this is crazy or hopeful. I believe we're just seeing the beginning of the new ' ...more

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