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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 coluccion Oct 07, 2017 12:51am
333 Views
Post# 26788737

Financing Deal

Financing Deal

Anyone else suspicious that the financing deal has already been finalized? Nemaska and their investors are just working out the paperwork. 

1) As previously pointed out by someone else, NMX has until December before they run out of cash. 

2) Recent rally of the stock on little news from 95 cents, and has been fluctuating between 1,38-1,48 for a while now might signify rumours 

3) Change in EV market sentiment due to China revelations and general outlook

NMX is sitting on hundreds of millions of dollars in rare, much sought-after minerals that every automobile company with a sense of direction is fighting over... and ready to extract these resources at a cheaper cost than anyone else. We've known this for a long time. 

 

 

Bullboard Posts