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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

Post by Calgary_ABon Jan 18, 2020 10:00am
52 Views
Post# 30568521

bias thinking

bias thinkingLongs are thinking with the bias mind of "there is a way so I don't lose..." self indused bias.

PL and my thinking: "why would I invest in NMX...?"

so let's do an exercise...try and think that you have no investment in NMX...
why would you invest in it now?

600,000,000 at 0.25 = 2.4 billion
450,000,000 at 0.15 = 3 billion
total 6.4 billion shares and this may not be enough to finish the project...

do you guys see anything wrong with that?

You keep talking about VALUE...there is no value in money spent on GB and board salaries and bonuses, there is no value in burned cash, there is no value in bad deals.

Value is what someone is willing to pay for it and not what you put in your books...
NMX doesn't own the land, First Nations do.




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