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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

Comment by mick1888on Nov 15, 2019 1:53pm
85 Views
Post# 30357652

RE:RE:RE:What the government is going?

RE:RE:RE:What the government is going?Well articulated RickH, and it makes total sense what you say with the exception of the 'bankruptcy' bit.... ;-)

Please remember what Pierre Fitzgibbon told Pallinghurst - 'this is not a race'. There are a lot issues, and complications to tidy up to get to where both IQ and Pallinghurst want to be, and that is a fully funded, successful and highly profitable business. To this end I have no doubt they will succeed, and by all account, from a Pallinghurst perspective they wish to take ALL existing partners with them. That means retail as well as others (Softbank et al). The current SP is only following it's natural course at the moment as there is nothing to see here until we are invited to the 'Special General Meeting' hopefully in January. But if it takes longer so be it, we will survive if we have patience.... ;-)

GLTA longs 

RickHunter wrote:
furiousmat at 16 cents i think Nemaska is already at the edge of bankrupty dont you think?! From 2.3$ to reach 0,16$. So stupid from the pdg for not seing the real cost of he project with a gap upper than 375millions$! I think the government should go in action like they did with Bombardier. Bombardier receive more than 1billion$ and we gave c series for free to Airbus. We have half the equipement and building done let the government give the money to finish it. That a real climate change action! The chinese is taking over the majority of lithium deposit. Canada will be in pretty bad shape in few years when electric car will surpass gas car. Oh no, we have to buy lithium too chinese for our canadian and american cars. We should have invest in lithium mining in Canada. We are at mercy of chinese who rule lithium market. Do!


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