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.

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Nemaska Lithium Inc

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Comment by Steamoon Jan 11, 2018 8:14pm

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Post# 27338217

RE:RE:Stock could be heading for the expected financing price

Agreed, I'm invested and holding; not going to try to sell and buy back at a lower price. That would be too risky.

siqon55 wrote: Hey steamo the PP is almost always fixed by 10-20 days PP average minus 10 or 15% discount ... another reason if you're "invested" to not try to dump and buy back at discount

you're playing against yourself doing that. If the intelligentsia could only comprehend that...
cheers

Steamo wrote: I believe the company indicated it was hoping for $300 million equity with 125-175 million shares, implying a price of $1.70-$2.40? Then maybe the stock wants to test the low end of that range.

I don't care if it does. Remember last year's mini-financing, the stock dropped to the financing price ($1.05) and below, then skyrocketed afterwards? I'm just saying that's what could be going on.