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Nemaska Lithium Inc NMKEF

Metals & Mining Industrial Metals & Minerals Battery metals
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

Nemaska Lithium Inc
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Comment by Smokeramaon Dec 24, 2018 10:20am
168 Views
Post# 29153811

RE:RE:RE:RE:RE:RE:10 for 1 Share Consolidation

RE:RE:RE:RE:RE:RE:10 for 1 Share ConsolidationI agree. They may let the stock price trend downward in 2019 and do the consolidation in 2020. 

Everyone is fussed about the actual performance of the company but this is irrelevant when it is in pre production phase. 

The global economy is an absolute mess. As the indexes trend downwards, NMX will follow. If China and the U.S. continue to suffer, then NMX will as well.

The cost of NMX' output will be substantially higher than its competitors as it must deal with unions, pension obligations, benefits, grievances, sick leave, etc. Overhead is the largest expense once the infrastructure is put into place. The difference between $30-$40 per hour vs. $3-$4 per hour in labour costs is material. 

I was looking to make an investment around .50 but I am revising my entry point to .35 to .40. Watching the global economy with interest. Cheers


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