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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
Post by JRVansanton Aug 24, 2017 11:21am
202 Views
Post# 26616878

CRE AND NMX

CRE AND NMX

CRE is on a similar run that NMX had last summer when it was on the venture exchange.and released it's feasability study (CRE is releasing it's feasability any time now, some predict tuesday after labor day weekend).  The question is whether CRE can hold that share price.  It might because of how they've set up financing with HELM in connection with the feasability study.  However, last time I checked, CRE doesn't have the permits in place to actually begin commercial production and there is a lot of bureaucracy surrounding that which could delay the project and drop the price. While they do not have the same quality of resource as NMX, they do have a corporate team with A LOT of experience in not just mining but lithium as well which could be an advantage in terms of getting those permits duly processed.  Also CRE has been around since before NMX and had a lot of other problems in the past and I'm sure longs at CRE felt the same way about NMX last summer as we do about CRE now.  What goes around, comes around.  Hopefully, Guy and the NMX team can get that financing together sooner than later.  And we can all enjoy Quebec becoming an international lithium player that perhaps rivals Australia. GLTA

CRE est sur une course similaire que NMX a eu l't dernier lors de l'change de risque. Il a publi son tude de faisabilit (la CRE libre sa faisabilit tout moment, certains prdisent le mardi aprs le week-end du jour du travail). La question est de savoir si CRE peut maintenir ce cours. C'est peut-tre en raison de la faon dont ils ont mis en place un financement avec HELM dans le cadre de l'tude de faisabilit. Cependant, la dernire fois que j'ai vrifi, la CRE n'a pas les permis en place pour commencer la production commerciale et il y a beaucoup de bureaucratie qui pourrait retarder le projet et baisser le prix. Bien qu'ils ne disposent pas de la mme ressource que NMX, ils ont une quipe d'entreprise ayant beaucoup d'exprience non seulement en matire d'extraction mais aussi de lithium, ce qui pourrait constituer un avantage en termes d'obtention de ces permis dment traits. Aussi, la CRE existe depuis avant NMX et a eu beaucoup d'autres problmes dans le pass et je suis sr que Longs chez CRE ressenti le mme chemin sur NMX l't dernier que sur CRE maintenant. Plus a change, plus c'est la mme chose. Esprons que Guy et l'quipe NMX peuvent obtenir ce financement ensemble plus tt que tard. Et nous pouvons tous profiter du Qubec devenant un joueur de lithium international qui peute rivale Australie. GLTA

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