Nemaska Lithium Inc NMKEF

RE:Please pardon my ignorance

[TheStove]

Not2Sirius wrote: Please pardon my ignorance, I’ve been away from NMX for a while, but why won’t the Government of Quebec step in to invest in this?  Honest question, I’d appreciate anyone’s thoughts.  

Quebec gov is the only logical investor. Sadly, no bank (no entity) on earth will invest La Belle (Que) province .. Mostly because of the separatist movement. At anytime, the separatists could try to separate. Perhaps confiscate the mine. That kind of political instability (long term) is absolutely lethal to any large investment of anything over $2 bucks in Que. Coupled with the "new" (Jan 1st) trade-laws, that the U.S. has now outright banned importation of many metals, Lithium is on that list. It was basically over before it started. The share price had a nice little run-up, and that is totally over now. Reality has set in. The only place there has ever been any investment in Quebec, was at the Hydro dams. Absolutely because they were physically on the financial stable Cree held territories in the far to the north of Quebec, free from separation. If this mine was anywhere else in Canada, there would be banks beating MNX's doors down to to invest. Basically now, Lithium, it is just "dirt up north" with no refinery capacity investment, that this product needs to fly, as a stock or company. As it now stands, some chinese investor is the only option, but will want a seat on the board, and dictate a super-cheap price for the material. Sort of-like subsidized it's own investment by using NMX's own profit/money. Same goes for any car company backer, they will want the product at a reduced price. This project is essentially dead in the water, or more precisely dead in Quebec. That is that sad reality of political instability of a separatist movement. This project has everything right, but it's physical political location. If the Cree were at the helm, sure, this stock would have a $200.oo share price. Now, I'll let the criers sing the blues.