Post by
neosceptic on Oct 13, 2021 10:37am
Tough to watch other Li companies
They all rallied over 2 days....we would be at $6 by now without any sales.
Standard Lithium is up, because they issued PEA. 880M CAPEX 2.6K OPEX, 14500 Li price assumption to get similare NPV as NLC with is 350M CAPEX adn 11500 price Li pricing...
They are still in PEA stage and have 1.4B cap.
NLC would have to have $13/share today by having SL valuations, minus Argentina risk, but plus of near DFS completion stage.
We cannot complain too much, because NLC generated wealth for us, but I got a bit greedy and hope to have (very) early retirement party in year or two, not retire per se, but full exit from the rat race...
Comment by
tiger2201 on Oct 13, 2021 10:51am
Hi Neo, It is just so pitty, NLC can easily grow to 3 to 5 billions market cap in the 3 to 5 years time frame. Nice headache for me, huge captital gain and paying huge tax, otherwise, I can try to control my capital gain through multiple years. 3Q is a life chage and company make project. I feel like 3Q is my child and is forced to give away for adoption, sad ending. tiger