GREY:NMKEF - Post by User
Post by
saucemanon Mar 22, 2019 9:37am
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Post# 29522056
Motley Fool's analysis on Tesla's Wright on Lithium demand
Motley Fool's analysis on Tesla's Wright on Lithium demandhttps://www.fool.ca/2019/03/20/how-tesla-inc-nasdaqtsla-can-boost-the-stock-price-of-lithium-americas-corp-tsxlacusa/ Granted, this analysis concerns a mine in operation from LA, but an extrapolation of NMX's potential does not seem so outlandish, especially from a demand standpoint for Lithium Hydroxide. Bear in mind that Nemaska's chemical plant will have the capacity to transform not only spod concentrate from the Whabouchi mine, but also for the entirety of Canadian lithium concentrate output from other mines. Also note the valuation of LA's mining operation currently under way in Chile.