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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

Comment by TFSAfundson Feb 18, 2020 4:06pm
58 Views
Post# 30704834

RE:LEGAULT ON TWITTER

RE:LEGAULT ON TWITTER

Do you really think that the government will develop another mine before completing the one in Nemaska?

Where does it say that the government has any intention to develop any mines, let alone help Nemaska? The MOU covers "infrastructure", that's all. It is still up to companies to start the mines, just that roads, railway, power and and the means to transport the raw material will be less of a hindrance!

The Grande Alliance project includes a road, a railway and a deep sea port for the most northern Cree community of Whapmagoostui, located on the shore of Hudson Bay, currently accessible only by air.

The deal also includes 700 kilometres of new railway between the non-Indigenous Abitibi community of Matagami and Whapmagoostui, as well as hundreds of kilometres of new and upgraded roads and new power lines, according to Cree Grand Chief Abel Bosum.


Now it remain to be seen whether the government wants to share with us the shareholder.

HaHa... shareholder, really. Ain't gonna happen. But, as a taxpayer you will get to share the cost of the new infrastructure so the next company(ies) gets the benefit. So you lose twice... lol

Do they want to include us or steal from us?

Must be a rhetorical question, you already know the answer!
I believe it's called "highway robbery" lol


 


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