Nemaska Lithium Inc NMKEF

Fitzgibbon reiterates his belief in nemaska

[ewaltz22]

https://www.lapresse.ca/affaires/entreprises/201911/15/01-5249918-quebec-croit-encore-en-nemaska-lithium.php

[TicTacToe]

No reason to doubt, mine deposit contrarily to North American Lithium is of good quality, process is optimized but do not mean it is not risky to buy stock. Stornoway is still alive and maybe a good investment on long term perspective but retail investors whipped out ... same for NAL. Journalist are funny valuation is not C$140 million as shares numbers necessarily at least 3,247 millions after

[ewaltz22]

Agreed it is very risky but that was known from the beginning. all comes down to believing in the project or not.  just get the deal done so production can commence.

[TicTacToe]

That was not « KNOWN FROM THE BEGINNING », project cost TRIPLE since 2016 estimate, not just an overcost ...

[mick1888]

Quebec Government and Pallinghurst are in 'alignment' on the future pathway of Nemaska says Pierre Fitzgibbon. This means the Government will hold the feet to the fire of any investor, and they will not allow any skulduggery in the making of a deal. In other words no backtracking from the terms of the LOI. If the Pallinghurst proposal proceeds, this can only be a good thing for the local

[Tcheck]

dont forget the hydro connection the government wants to sell as much electricity as possible . good for their bank coffers. imagine the revenue generated by electrified transport ,lithium plants ,chargers .. it will supercede the measle 600 M we are looking for .

[materialsgirl]

Mick; You seem to lack the most basic understanding about how business works. The Quebec government has zero influence with respect to forcing  Pallinghurst to pay more than what the market determines. You are pretending to live in la-la land.  I suspect that you are a bit smarter than that and that you are just venting. mat

[mick1888]

lol.....matG......I don't have basic understanding of how business works.... ;-) Tell some of my employers that when I have spent 10's of millions of their dollars procuring materials for oil, gas, water and processes new build construction projects. The basics is that working in someone elses patch means you play by their rules, or don't play at all.... ;-)