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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 by User

Bullboard Posts
Comment by Steamoon Mar 13, 2017 11:37am
322 Views
Post# 25971193

RE:NMX tweet from Joe

RE:NMX tweet from JoeJoe is talking about a research report just released by Eight Capital (formerly known as Dundee Capital Partners) about their recent site visit to the Whabouchi Mine and Shawinigan plant. I read the report - it's highly technical in nature, but it's all good news. They are happy with the progress and reiterate their Buy rating with $2.30 target. I don't have a link but here is a snippet: "Whabouchi deposit provides mining confidence, further improved by Doris zone discovery. Bulk sampling results appear positive as DMS and flotation concentrate production has begun...the first major milestone. NMX has a cost advantage as it uses its own low production and shipping cost concentrate. The Shawinigan Phase I Demo Plant is also taking shape. Electrolysis circuit has been commissioned and purification is about to begin. Nemaska is off to a great start, but mastering the five processing steps and creating high quality samples for purification beginning in April...is the next major milestone. These operational improvements and milestones should help decrease financing risk as management seeks $500 MM capital to build the full commercial operation."
Bullboard Posts