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.

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Nemaska Lithium Inc

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Comment by theSwede99on Oct 10, 2018 10:33pm

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Post# 28778239

RE:RE:RE:RE:RE:RE:Simple Math

I agree and the same could be said for all stocks....if the concept that equities are the best hedge against inflation, then the overall direction has been determined. Careful with your stops its big game hunting season!

Calgary_AB wrote: just a word of caution, markets are at all-time high, interest rates are rising and debt is at all-time high as well, FED is tightening…be careful…things can change fast from sunny looking day to a dark storm overnight…
the simple math that makes sense now, may not make any sense tomorrow if financial institutions need to liquidate their holdings to pay back loans...
If NMX had less shares outstanding and percentage held by retail bigger it would be safer but with the load of shares beeing held by financial institutions is very unsafe for retail investors...
are you confortable holding to 2020 knowing a market crash is very possible and way over due?

Just my own opinion....

Neono wrote:
Let´s be a bit more conservative.

PFS states earnings of 292mC$ after tax.

That leads us to an EPS of 0,34$. I would not assume a P/E-ratio of more than 8. That would lead us to a share price of approx. 2.7C$. But, consider delays, rising costs etc. And we have to pay back debt and interest rates.

To keep it simple and conservative - my price target for 2020 is roughly 2-2.5C$. As I own more than 1m shares at an average of roughly 0.75C$, I would be very pleased with such an outcome.