Nemaska Lithium Inc NMKEF

RE:RE:RE:RE:RE:RE:Telsa Battery Day Coming ...

[Takeactionnow]

All excellent points, Mick.  It makes sense on paper to have a vertically-integrated business.  Tesla is acquiring battery production equipment, so having sources of raw material supply in North America is a logical step.  Nevada has the upper hand in that regard, but Quebec offers more than just lithium, and the sourcing is politically secure and relatively near at hand.

mick1888 wrote: That is exactly why Mr Musk is a billionaire entrepreneur and we are what we are. He has vision (and the means to achieve), he has the drive and he has the b@lls to work in areas outside the 'box'. Just look at his resume.... ;-)

To be honest TaN, I was just having a little fun suggesting Elon would spend some of his massive bonus on NMX. But when you consider what we need in comparison to just the most recent bonus he has achieved it does really put things into perspective. I mean his most recent bonus ($706m approx), is just a 'flash in the pan' to what he could potentially earn ($50b) throughout his tenure with Tesla. So, is it really beyond the realms of reason to think he would be interested, is it really fantasy to think he would open another train of revenue (and interest) separate from Tesla / Space X / Solar City / Hyperloop / Neuralink..... ;-) The guy is different from the rest of us 'normal' homosapiens.... ;-)

Fantasy - a little, Possibility - anything.... ;-D 

GLTA longs

Takeactionnow wrote: Mick, I wasn't suggesting that it would be difficult financially (they could do it easily).  The question is more about managing the business, so they would undoubtedly need partners with knowledge of mining/mineral processing.  The original deal proposed to them called for Tesla shares to be issued (i.e. no cash) to NMX, and the shares being sold into the market to fund construction.

mick1888 wrote: I don't know about that TaN, since meeting his final SP target this week means he also meets his next bonus target estimated at around $706m. So he could more or less afford to buy us up on this bonus alone (he has many more to collect in the future, target dependent ofcourse)..... ,-D

Takeactionnow wrote: Many months ago Elon Musk was approached, but nothing came of it.  While in theory it might make sense to have vertically-integrated operations, at the time Elon had enough issues trying to hit production targets.  While their situation is better now, the complexities of owning, managing and operating markedly different businesses (requiring different skillsets) make it difficult, to say the least, for them to take the plunge.  This is not a terribly likely scenario, but anything is possible (especially at the right price).

bigkagan wrote: I hope Musk is crazy enough to buy NMX with its shareholders for half a billion. Let's go through Grimes, she's from Montreal after all, hee