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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 TFSAfunds on Feb 15, 2020 3:23pm

mick...

that paragraph has been on the Pallinghurst website since the middle of January, at least. Might I refer you to a conversation with phantom666 regarding that exact paragraph on or about January 14th. And the first sentence about Nouveau Monde Graphite has been there since at least October! It'll be interesting to see what their next update says... lol  Do you really believe PG is still remotely considering this whole fustercluck?

Pallinghurst website today;

Pallinghurst has invested in the Canadian graphite company, Nouveau Monde Graphite, a company set to play a central role in the supply of battery materials in North America. We are currently in discussions to invest in and develop Nemaska Lithium, one of the world’s most attractive battery grade lithium assets, also based in North America

Link - https://www.pallinghurst.com/investments/

GLTA longs
Comment by mick1888 on Feb 15, 2020 3:47pm
Tfunds - your point being....? Surely if the exact same wording is still on the website 'since the middle of January, at least' then the exact same position applies?
Comment by TFSAfunds on Feb 15, 2020 4:01pm
October 23rd website read; Pallinghurst has invested in the Canadian graphite company, Nouveau Monde Graphite, a company set to play a central role in the supply of battery materials in North America. We have also secured a unique opportunity to invest in Nemaska Lithium, one of the world’s most attractive battery grade lithium assets. Now it reads; Pallinghurst has invested in the Canadian ...more  
Comment by mick1888 on Feb 15, 2020 5:02pm
What are you talking about? YOU ask this question: First of all, what makes you think Pallinghurst is still around? I kinda doubt it, their lengthy DD probably  told them to take leave. I respond by telling you as below, and then you say I should keep up? Bit of  FAKE  SH!T going on here .... ;-) GLTA longs
Comment by TFSAfunds on Feb 15, 2020 5:50pm
actually mick, my sincere apologies... should not have put those last 4 words on that post! The website will probably keep that sentence or something similar until the bitter end. Why exclude yourself if you can get the company for 10¢ a share rather than 25¢. Cheers mick, stay safe with that storm Dennis...
Comment by mick1888 on Feb 15, 2020 6:19pm
No worries Tfunds....nothing like some wild weather to make you feel alive.... ;-) I suppose it has similarities to having shares in a project like this.... ;-D
Comment by phantom666 on Feb 15, 2020 4:10pm
TFSA, From my conversation with London England, Pallinghurst's website is ALWAYS keep current. What most don't realize, is when NMX gets their sh!t together and gets the plant finished and producing Lithium Hydroxide, that they would be the worlds largest supplier. (45-50%) Now with at least 5 battery factories coming to North America, they would be tripping over themselves to get it from ...more  
Comment by TFSAfunds on Feb 15, 2020 4:34pm
So phantom, why is Nemaska in such dire straits? You would think that the owners of those 5 battery factories would be "tripping over themselves" to ensure NMX exists to provide them with the hydroxide. What's wrong with this picture? Where are the investors??? How many "teaser" letters is NMX going to mail... lol
Comment by phantom666 on Feb 15, 2020 6:23pm
TFSA, my crystal ball fogs up once in a while, but who knows if it was a plan to get the 11.25% bonds out (all NMX holdings were used as collateral) seeing PG came in in July and the bond discharge filing was in Sept. Me thinks with the plant reengineering to produce more Lithium Hydroxide had a lot to do with a cost overrun. Don't forget the process extraction patent has never been ...more  
Comment by Calgary_AB on Feb 15, 2020 7:38pm
no battery factory would invest in it... Why? because the way nmx made stupid deals....everyone wants LI but NMX doesn't have it, they promissed it already to others so why invest in it? in order to undo all deals NMX needs to be liqudated. Once liquidated new company (whomever buys it in Liquidation) will prosper and that is when I might buy in... ( :-D
Comment by Tcheck on Feb 16, 2020 2:18pm
I agree . we have an excellent asset. let IQ or management not steal our thunder any opinion on the offtake agreements . are they suspended like we are ?
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