Nemaska Lithium Inc NMKEF

RE:Here are some recent Nemaska Lithium Inc. analyst reports

[mick1888]

Thanks StockM - if its good enough for Eight Capital, its good enough for me

We recommend Nemaska  Lithiumasa BUY but lower  our  12-month  share  price  target  to  C$0.60/sh  from  C$1.00/sh on increased  dilution.We  are  relieved,  if  not  pleased,  by  the  proposed  funding  solution  for the Whabouchi project,  in  an  effort  to  overcome  the  $375  MM  cost-to-completion  deficit.  The  solution  should  help  existing  shareholders  overcome  previous  losses,  meet  Li  stream and debt funding requirements and covenants, fully finance both mine site and electrochemical plant, and get production back on track. A Feasibility Study  with  updated  Capex,  Opex  and  production timing is  due  within  two  weeks. We  don't  expect  Capex  or  Opex  to materially  deviate  from  previous  announcements, but do expect production delays.  Most  investors  should  have  anticipated equity  dilution  and  delays  as  NMX  searched  for  a  solution  to  its  Capex overrun. Not everyone expected a deal to be completed or thought that NMX might have to give up a chunk of ownership. While shareholder approval and further due diligence is required, we see this as the best possible outcome

stockmaster989 wrote: Hey guys,
 
Here are some recent Nemaska Lithium Inc. analyst reports:
 
https://docdro.id/HGhq3Rz