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Bullboard - Stock Discussion Forum Nemaska Lithium Inc NMKEF

Metals & Mining Industrial Metals & Minerals Battery metals
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 > NAL is a mess since the beginning
View:
Post by TicTacTo on Aug 03, 2020 1:11pm

NAL is a mess since the beginning

https://sayonamining.com.au/wp/wp-content/uploads/2020/01/Paydirt_Sayona-sizes-up-concentrator_Jan-20.pdf

NAL boasts a high-grade deposit, but an orebody that is extremely narrow and mining of the "spaghetti-like" veins has proved too challenging for each of the three previous owners of the operation.

Well done C$100 million tax payer money burst in flame.

Comment by phantom666 on Aug 03, 2020 2:51pm
All Sayona wants to buy is the concentrator and move it...Sayona is pulling out all stops to take control of the highly sought-after concentrator which lies just 50km from where the company is planning to develop its own mine in Quebec, Canada.
Comment by TicTacTo on Aug 03, 2020 2:56pm
sure they have no cash to build one :-) but if get NAL will also exploit mine by mixing Authier and La Corne spodumenes ores.
Comment by TicTacTo on Aug 03, 2020 2:57pm
according to monitor all offers envisioned conversion of debt in equity, bet cash part will be low.
Nemaska Lithium Inc
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