Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

Bullboard Posts
Comment by Jabossson Sep 20, 2016 2:58pm
188 Views
Post# 25257336

RE:NR

RE:NRThe NR is about the mine survey and the amount of lithium found at the mine. This will give information about the lifetime of the mine which will help value the company. It has nothing to do with any offtake, that would be a very nice surprise to everyone. I suppose it is possible that they report that the survey results showed that the lithium content is not as much as expected or not as pure. However, we have received hints from PR that the survey has been going even better than expected and the last news release talked about them expanding their survey area because they found lithium in areas they did not expect (which sounds fairly promising). I guess we'll know for sure soon.

Also, how can any offtake be disappointing? They already have one more offtake agreement more than any other of the juniors (Johnson Mathey) and the offtake pretty much guarantees future sales so long as the plant is built successfully. 
Bullboard Posts