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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 BearlyBullishon Mar 13, 2018 2:22pm
302 Views
Post# 27708166

Ticking timebomb, up or down.

Ticking timebomb, up or down.If you look at the sector ETF Lit, it shows that the sector is having a significant rebound following last weeks news. Meanwhile NMX is still pinned down by its financing. 

If they release financing (which would greatly derisk the overall project) the stock is going to soar big time as we are undervalued compared to the industry and overly bearish due to the lack of financing. 

If they don't, well we will all loose big time. 

Personally, I have a relatively large position. As a student, I can afford the risk so for me its really a go big or go home situation. Nonetheless, as the month is nearly halfway through I won't lie and say that I'm not strating to feel a bit stressed. I've been waiting for this for nearly a year now and I would be extremely dissapointed to the the project delayed once again. 

Anyway hope for the best and GLTA,

Bearlybullish

Bullboard Posts