GREY:NMKEF - Post by User
Comment by
polo11on Jul 26, 2016 8:09am
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Post# 25084078
RE:RE:RE:RE:Is NMX the next bankrupt Canada Lithium due to
RE:RE:RE:RE:Is NMX the next bankrupt Canada Lithium due to You cannot compare Canada Lithium and NMX.
First - Canada Lithium was producing in a traditionnal way and had a production cost a lot higher than NMX - probably 6k+ per ton
Second - Carbonat lithium and hydroxide lithium price was probably lot lower in 2010 that price today.
NMX run their technology for over 1000 hours at an estimate cost of 2150 hydroxide and 2750 for carbonate.
Seling price is around 10k for hydroxide presently.
Everyone should review few time the deck presentation
https://www.nemaskalithium.com/assets/documents/docs/Nemaska%20Lithium%20Corporate%20Presentation%20April%2019%202016.pdf