Nemaska Lithium Inc NMKEF

Lithium in general

[rideitout]

Joe Lowry had alot to say on his lithium podcast...although we know how he feels about NMX, this set back only confirms that fact that lithium mining startups are unpredictable. Even the existing brines are facing challenges with heavy rains in the Argentine flats, affecting production rates. 
As the "oversupply" statement made a few months back seems to fade into history, the economics of NMX are still intact...this has not changed. A world class deposit in our own backyard is still valued at high $$$. 
If CEO can secure a non-dilutional finance, we should see SP rise back to pre-news levels. The off-takes derisk the project and far too-many heavy world class investors have much at stake to see this through, including the government of Quebec.
Personally, I will wait to see what type of financing is done before re-investing here. Will keep watch on the side lines until then. GLTA