GREY:NMKEF - Post by User
Comment by
hyacon Mar 31, 2015 6:51am
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Post# 23580181
RE:Just the fact they got a Canadian grant... Is superb....
RE:Just the fact they got a Canadian grant... Is superb....I was surprise when I saw the grant from the government, I thought that Nemaska could receive 2 or 3 millions, so 13 millions is awesome! Not only the grade is better, we also have a patent process that allow us to produce hydroxide at a lower cost than carbonate. I think it's around 1500$ a ton less expensive then a normal Producer (average). Also, the management often talk about the importance of having a predictable price what their process can do (electrolyse) vs soda ash. I bought the first time at 0,36$ but I rebought at 0.10$ to average down my price at 0.15$, I'm glad I did! I really believe in this project, but I look forward for a financial agreement so we can move on with the factory.