Fabrice Taylor
Neo Lithium Corp
NLC-X
PAST TOP PICK
Oct 05, 2017
(A Top Pick Sept 9/16. Down 2.7%.) Has a world-class property in Argentina and a world-class CEO who has done this before. They’ve raised money from various sophisticated institutions at about the current price. At some point, given lithium prices and electrification of cars it is going to get taken out. Highly speculative, but if it gets taken out, it will be for a big premium.
Lithium. Has a very interesting and attractive deposit in Argentina. It is the most economical form of lithium. It is not hard rock, so there are not a lot of costs and they can do this economically. Higher risk/high potential return. Management is first-class.
Their lithium project is in Argentina, with has pretty much everything they need. There is a road not far away. A very, very good project. World-class assets. Good management.
(Top Pick Sep 9/16, Down 34.45%) He still believes in it even though it has been drifting down. He thinks there will be announcements in September. The bias here is to the upside because the demand for lithium is to the upside.
He doesn’t know a lot about lithium and doesn’t own any stocks. What interests him is that they have a good grade of lithium and have 40% institutional shareholders. They are working through a pilot plant right now and are trying to de-risk the project. Looks interesting.
Would recommend buying on weakness. EV business will be strong. Expect volatility. Strong for the long term investor. Owns shares. Valuation and story is compelling.
(A Top Pick Sept 9/16. Down 2.7%.) Has a world-class property in Argentina and a world-class CEO who has done this before. They’ve raised money from various sophisticated institutions at about the current price. At some point, given lithium prices and electrification of cars it is going to get taken out. Highly speculative, but if it gets taken out, it will be for a big premium.