GREY:NMKEF - Post by User
Post by
BearlyBullishon Jan 11, 2018 3:23pm
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Post# 27335883
Sector is Down & Delayed Financing
Sector is Down & Delayed FinancingObviouslt if you look around you can see that the lithium sector as a whole took a hit today.
This may be partly attributed to Rio Tinto refusing to take a deal with one of the biggest producer of lithium SQM.
On top of that financing is taking longer than expected.
So that is obviously not a good cocktail for the share price. Very good short-term opportunity to purchase shares at a cheaper price IMO.
Just keep an eye on the positive, the updated feasability study is very very good, we are producing lithium of the highest quality, financing is about to be once and for all closed.
NMX is working to get the best deal for all of us so please be patient. Im just asking them to make promises that they can hold thats it!
Think in 1-2 years, with a fully operational plant do you think we will be in lower than we are today?
Cheers and keep looking long-term,
BearlyBullish