Nemaska Lithium Inc NMKEF

RE:RE:Nmx vs Swy

[Gilbert90]

mario2007 : Yes, he talks about an interview on RDI on NMX and SWY. They said that Nemaska Lithium lost 85 p.100 percent of its value since the beginning of 2018 and Stornoway reported a loss of $329 million in 2018. What is happening in the mining industry and comparing the two companies. About NMX, new technologies raise such big questions. There are no new entrants capable of entering the market, no guarantee that NMX will succeed. No current investor in NMX with experience in lithium mining and processing, etc. The solution is to bring in new investors with experience (under the right conditions). So the cost would be high for former investors, (much as it happened with Orbit aluminum.) Currently, investing in the NMX would be highly speculative (12-13 on a scale of 10). About SWY Simard said that SWY was not so risky because they are already in production. The only problem is that they are not able to produce enough to be profitable. They have to control production costs because the selling price is controlled by the big players. Their proven and probable reserves play in their favour and in conclusion the risk is high but not as high as NMX. In short, Simard is not at all mistaken, at least not in view of current prices, but it says nothing in the future. NMX may fall in a few weeks or conversely rise while SWY at $0.02/share is already at the bottom (unless a 10-1 or 20-1 consolidation is in place, which would allow the decline to continue). Translated with www.DeepL.com/Translator