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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 Mar 21, 2020 7:47pm
96 Views
Post# 30834196

RE:Tsfa funds harping on endlessly

RE:Tsfa funds harping on endlessly Tcheck harping on endlessly... is the real headline!

Aren't you the one that for God knows how long has been preaching about how lithium is the "saviour" of Quebec and the country and the world? Yet, the business/financial world has spoken and Nemaska is in CCAA and de-listed! Tcheck, for f'ucks sake, what do you not understand about Nemaska? You've been told that it's NOT FINANCIALLY VIABLE by virtue of the initial exorbitant financing and the "unexpected" cost overruns! If I am ignorant, why have I made money on this company and you are here crying and begging for relief! If I am naive, doesn't that make you absolutely stupid? I still have my money, where's your's? If I am boring, why do you read and respond to my posts... I can't be that bad then! (Mind you, you'll need something to do while being cooped up the next few months!) If I can so easily pick other people's reasoning apart... it MUST BE FAULTY! I am reasoning myself, but just because my reasoning differs from yours, you go all ballistic! Here's a question for you... Over the last 60 - 70 years how much tax/royalty revenue has oil put into the coffers of all three levels of government in this country? And to date, what tax has lithium generated aside from being a medicine? (Guess that's 2 questions... lol) The petroleum industry is still huge to this country, in spite of what the tree huggers would like to see... lithium will NEVER, EVER reach that level of significance and importance to the Canadian economy!!!

And seeing Boeing and Airbus you say... gov't invested billions in Bombardier and where are the commercial airplane and train divisions now? Good investments, right? And you are dumb enough to want them to do it again for NMX? NO! All you really want is your investment back and you cover it with altruistic motives! That's BS... you lost... suck it up and now PISS OFF IDIOT!

Tcheck wrote: About How useless nmx is .
about how it shouldn t be supported .
about how it won t find the financing
about how investors should know better .
about how ignorant he is .

and he say it with such a conviction 
that we would like to hear his arguments .why does nmx doesnt deserve a chance and why it doesnt make a chance to succeed.?

he comes over as very naive 
as if governments dont have a role or interest in directing their economy.
Lithium (nmx )is essential or at least an asset for quebec .
Before nmx tmain goal was to sell lithium.
now the focus is to sell the lithium here locally to promote the economy here .
If everything goes according to plan quebec will gain 1.2 bn from taxes on generated revenue from nmx alone .
there is minimal risk for quebec .
If they do nothing they fail quebec big time .
quebec has no oil .
quebec has hydro electricity. Has to develop that ressource further.
we are lucky.
oil needs bail outs .nmx only needs start up money .a interest free  loan until production starts .
thats not the same .a grace period .we need a grace period from tsfa funds .

tsfa funds 
if you can prove that lithium is not beneficial to quebecs economy in any way or even if you can prove that 
nmx can never be profitable then respect.
otherwise get lost .you are boring.

stop picking other peoples reasoning apart and start reasoning yourself.
when you see boeing and airbus then you realise how quebec and canada should have done more and better.when a government invests it should be beneficial and profitable .it is for the common good instead as for the private good .thats all .it is money working .for us instead as for a few .
more and more governments are keen investors.they have to watch their expenses and generate revenues like any other business.

have a good weekend 

Trillions at stake: how to get a slice of the public pie




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