Nemaska Lithium Inc NMKEF

China Is Locked Down

[phantom666]

17 cities and 60 million people. Let the bidding war for NMX to begin.

[Calgary_AB]

You need multiple interested parties in order to have a bidding war... LOL NMX is a dead cat that no one wants. You will see... GB last time said he had "Multiple excellent offers on his desk..." and he couldn't chose one for a full year...than he chose one that ruined the company... He never had multiple offers, he was working hard on lying to Institutions and Retail investors to

[TFSAfunds]

lol phantom... you do realize that there are 1.4 billion people in China and they have a tad more than 17 cities in total? 60 million is a little over 4% of the population! Are you forgetting that China controls most of the rare earth's, without which lithium can only be used as a medical drug. Or, by bidding war did you mean for salvage value... lol

[phantom666]

lmao @ TFSA. NMX is far from being sold for salvage. It is not just up for sale but for investors to JV or a % of the produce to complete the construction. Just wait, the coronavirus is far from done and everyone will be leery with anything coming out of China for now, hence they want to make sure a produce will not have a holdup because workers are quarantined or sick.

[Calgary_AB]

NMX is as dead as dead can be, it actually died twice... The deals made cost too much to be recoverable, the amount of shares outstanding no one would want to buy it...actually I don't think anyone would want it for free just to pick up all the obligations is a huge task... NMX management screwed up bigger than I thought it would. Foe 3 years I told you this management is incompetent and

[Calgary_AB]

Oh and you are talking about Coronavirus in China as being a good thing for NMX... Wrong on many many different levels. Get your NMX head out of your A$$ phantom... China is also the biggest user of LI in all kinds of batteries. China was the biggest supporter of EV's and the biggest gov grants was from China. If the Economies are hurt people don't buy EV's and IPhones. People buy

[TFSAfunds]

The coronavirus death toll stands at about 425 with one death outside of China. How many are affected, what is the mortality rate? Did you know that between 290,000 to 690,000 people (worldwide) die each and every year from the flu! And this coronavirus is going to totally disrupt world economics? What has hurt much, much more is that tariff war between China and the U.S.! Seriously, if Nemaska

[phantom666]

Hong Kong has 14 cases and 2400 medical workers went on strike because they’re not closing enough borders. Now the CDC is saying this virus is a cousin of the SARS virus that comes from bats.

[mick1888]

And more importantly phantom, the coronavirus shows up the vulnerability of having a single source supply chain for everything Lithium.... ;-) GLTA longs

[TeddyBear]

no single source SQM is large provider from Chile and several LiOH plant plan in Australia just idle due to oversupplies.

[mick1888]

TeddyB I think you'll find China does dominate the Lithium market https://www.ft.com/content/455fe41c-7185-11e9-bf5c-6eeb837566c5

[TeddyBear]

That's 2016 data but biggest player Chile and Australia https://www.usfunds.com/investor-library/frank-talk/lithium-suppliers-cant-keep-up-with-skyrocketing-demand/#.XjmNJi0lA1I

[mick1888]

TeddyB - the article from the Financial Times that I linked on my post wad dated 22 May 2019 (not 2016 as you imply).... ;-)

[TeddyBear]

Excellent news for next shareholders of NMX failure

[Calgary_AB]

It's funny how you guys make the case for NMX from bad things or good things that happen in the world. Regardless Li is needed or not NMX will still be dead from luck of business knowledge and acumen. Nortel went broke after being an important producer of fiber optics... Molycorp rare earth went broke after being a name to remember... NMX is not even a name to remember. It might be a name in

[lasarettet]

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