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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

Nemaska Lithium Inc > NMX . TSX
View:
Post by materialsgirl on Nov 19, 2019 11:39am

NMX . TSX

Although the listing is listed as "shares" on the TSX an investor should 
view the investment as an option.

The NAV  per share is likely negative.
Mabe $1.5 billion in total value for the ore body
Then deduct $1.0 billion for the royalty  and $1.0 billion for the debt.
The net the NAV for shareholders is MINUS $1.0 billion

This may be the reality.

Also there is a 10% or 15% chance that the whole deal can be 
described by Trump as a scam or a hoax.  The ore body may be 
useless.  Worth zero if the ore cannot be extracted econmomically
due to foreign debris in the ore

NMX must be seen as an option that will likely go the dust with 
a longshot chance of shooting up to 50 cents a share for a 3 bagger

mat
Comment by ewaltz22 on Nov 19, 2019 11:45am
I pretty much am of the thinking that government will wipe out substantial debt as long as there's jobs for the region. fitzgibbons keeps on singling out nemaska and not just the lithium sector plus they want to roll out the red carpet for suppliers to come install their facilities in Qubec such as Tesla or other carmakers as well as the fact that they are near London,ontario and Michigan ...more  
Comment by phantom666 on Nov 19, 2019 12:34pm
Once again mg u babble garbage!!
Comment by Tcheck on Nov 19, 2019 12:51pm
dear mg , your assumptions based on what ? nmx is profitable as soon as it starts from the gate . it will generate additional profits for the ecosystem and pull the whole lithium sector.  it will save the mineral sector of quebec  and generate profits for quebec not operating and closing the mines islike  throwing the baby out with the bathwater . you already invested 800 M in this ...more  
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