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Bullboard - Stock Discussion Forum 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 Discussion

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Post by RickHunter on Nov 18, 2019 8:50pm

Lies

We should do an uprising vs Bourassa who hide us at last minute he needed an extra 375millions for the project factory. How can you be so far from the true number of construction !
Comment by phantom666 on Nov 19, 2019 1:17am
Rickhunter u must be a paid basher or a shorter. Do u read or know anything about a tech report or a revision of a project. Because of the focus on producing more Lithium Hydroxide than originally in the tech report which is only an estimate of the projects cost, the cost overrun is for the revision. This was explained to u days ago!!
Comment by RickHunter on Nov 20, 2019 8:02am
phantom666 shut up im in Nemaska stock since 2015 i follow them . Im inform and i have others asset in other lithium stocks (like orocobre, lac, ngz, jervois). So i follow a lot this sector. Nemaska try too big without having enough money to build their project They should have start small in their budget and as thing getting better than expand..
Comment by phantom666 on Nov 20, 2019 9:08am
LMAO@hunter, u hold shares and do nothing but bash NMX?!!! U crack me up. They did start small with the demonstration plant to see if their new patented extraction technology works. I hope ur singing a different tone come January.
Comment by Tcheck on Nov 19, 2019 10:24am
you are right .rick i would ask the ceo to step down  over such a miss .the shareholders must have a say over how things are and are run in this company .
Comment by ewaltz22 on Nov 19, 2019 11:18am
You can go and ask guy yourself at the general assembly to step down. might give a better popular sentiment to the company as well!
Comment by RickHunter on Nov 20, 2019 8:14am
ewaltz , if Bourassa step down i think i will be even worst. He need a powerful adviser who know well lithium and construction cost and sector . But we must ahow Bourassa that we are not happy with is pretty big miss estimate. I hope Bourassa learn from his mistakes!
Comment by ewaltz22 on Nov 20, 2019 9:32am
But didnt they hire consultants to exactly for that? I know the construction market in quebec is red hot and estimates never hold up. Even the best estimators cant hold up a decent price due to contractors having too much work at their disposal. Theres nothing bourassa couldve done if his consultants led him to cost overruns. I believe now they have taken their time to analyse everything once ...more  
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