GREY:NMKEF - Post by User
Post by
dynamic123on Sep 23, 2016 7:24pm
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Post# 25272604
Report: Ressource Capital 2016. NMX page 55
Report: Ressource Capital 2016. NMX page 55https://www.resource-capital.ch/fileadmin/reports/2016/kw38/en_Lithium_ES.pdf
Summary: perfect timing to bene t in the greatest possible way from the imminent lithium supply de cit
Regarding the imminent lithium supply de cit in the coming years Nemaska has picked the perfect timing for its producti- on project. The construction of phase 1 processing facility seems to be a solid decision of the management which saves a lot of capital and lowers the start-up risk of the commercial production. Fact is that Nemaska wants to bring Whabouchi, the second largest hard rock lithium deposit in the world, to production. The expected life of the mine will be 25 years in a time the lithium boom is just beginning and prices are quite high. The company has not only a head start but also a technolo- gical advantage. No other company in the peer group is that advanced technologi- cally like Nemaska. This together with the secure o take agreement with Johnson Matthey Battery Materials should not pre- sent too many problems for Nemaska at the coming nancing and mine construc- tion. Nemaska could already secure the rst C$ 69 million in July 2016.