Nemaska Lithium Inc NMKEF

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

[Calgary_AB]

Mick, your numbers mean absolutley nothing. You are comapring established companies with a history of profits with deep pockets in different juristrictions...it's like comparing Venezuela with United States just because they are on the same side of the planet...

NMX is dying in front of your eyes and you refuse to see it.

NMX is a junior that has VERY BAD MANAGEMENT and with a history of LYING to shareholders, BRAKING promisses to other finance agreements, BAD CREDIT in a LIVE or DIE need of FINANCING after they told you "FULLY FINANCED and a contingency fund"...
How do you think this will end up?

WAKE UP MICK

mick1888 wrote: CalAB, you and I are beginning to sound like recordings, we have different opposing views so you would think we wouldn't bother replying, but hey, I enjoy the banter..... ;-)

You ask 'what makes me believe NMX will make me money' and you state 'it will be HUGE DILUTION'. Well to be honest I thought I had answered this on a few occasions but I'll try again;

After doing a matrix to forecast future potential share price, the minimum figure I came up with was 0.83 (out of 32 individual figures). To be clear on the parameters on this worst case scenario, I used the following - 

• Used current PE from NMX competitors (SQM, Livent, Orocobre, Albermarle), in this instance Orocobre
• Used various scenarios for EPS, this incorporated shares issued from 3B to 4.5B and earnings of $495m - $592m. Conclusion worst case EPS 0.11
• SP RESULT - Min 0.83 , Max (you don't want to know). This from a total of 32 values

So, I hope you realise why I am optimistic. I have no problem if you wish to bebunk my figures if you base your calcs on facts. Alternatively 'forever hold your peace'.... ;-D

GLTA longs

Calgary_AB wrote: mick, wake up...
Have I not been right all the way from $2.40?
Have I not been right for 2 years every step?
What makes you believe I will be wrong?
What makes you believe NMX will make you money?

If they get financing it will be HUGE DILUTION, If they don't get financing it goes to ZERO

I TOLD YOU SO

mick1888 wrote: 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!