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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
Comment by Smokeramaon Feb 13, 2019 11:04am
199 Views
Post# 29358043

RE:Duped but reward at these levels outweighs further risk

RE:Duped but reward at these levels outweighs further riskIt looks like they need to raise another $375 to $400 million, provided that there are no labour disputes, which is likely in Quebec. 

This mean dilution of 125 million to 150 million shares with an estimated 50 to 75 million in options and incentives to contractors. So add another 225 million shares to the float. I am being conservative. 


Bullboard Posts