Nemaska Lithium Inc NMKEF

RE:RE:The Truth About A Construction Project

[mick1888]

The Feds coming for your Gold CalAB.... ;-D

Calgary_AB wrote: LOL, there come the cheerleaders...
Any one of you bright fellows saw the SP at 0.20 cents 2 years ago?
Ofcourse not because your brains are washed with LI Hype...Keep at it, keep talking yourselves into it...
Told you many times the "LONGS" will lose their shirts on NMX, don't say I didn't tell you so...
Note: the reason I put the longs in caps and Quotes is because you can only be long if the company is still around...

Got gold?

phantom666 wrote:
In the beginning with the 43-101 Tech Report, most of the costs were an estimate, especially when dealing with new technology....Feb.13/19 NR - " Based on the CAD 1.1B financing package announced on May 30, 2018, and based on the past eight (8) months of construction, the Corporation currently estimates that additional net funds of about CAD 375M would be required to enable the Corporation to complete construction and meet the drawdown conditions provided in the streaming agreement with Orion Mine Finance and the senior secured bonds closed on April 12 and May 30, 2018 respectively.....An important portion of these costs are now being based on finalized agreements and/or bids received RATHER THAN ESTIMATES as it was the case for the NI 43-101 Technical Report... This additional estimated funding, which is largely related to installation and indirect costs, was determined as a result of a detailed review and DEEPER KNOWLEDGE of all project components, including detailed engineering work, revised site geotechnical data and updated equipment and installation costs.".....We now have a better understanding on the remaining scope of the project, estimated budget and current market conditions. The revised overall project cost reflects a more precise outlook on installation costs and other key variables to the completion of our project, said Guy Bourassa, President and CEO of Nemaska Lithium.....Every project starts with a base budget until there are revisions for upgrades and reengineering where new financing comes into play, so if you don't understand how the process works, you run for the hills with your tail between your legs.... NMX is so undervalued right now, it isn't funny....current value is pegged at .49.