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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 Calgary_ABon Nov 18, 2019 4:54pm
57 Views
Post# 30366883

RE:RE:furious mat they are all on unemployment

RE:RE:furious mat they are all on unemploymentfuriousmat, well said.
as per your request at the end of your post; "Is there anything you can point to to support your position in this?"

they are pointing all the time to all kinds of "Climate change sites", Pallinghurst sites, EV sites, California sites, Chinese sites....it is us that don’t get it, they are the once frustrated with us for being negative while the opportunity of our life time is in front of us and we are not jumping on it…these prices are as per Unicorn “sale of a life time”…they can’t see the bankruptcy creeping up on NMX…

If you read all those websites you should also see the potential in NMX...Also they are convinced “LI is for Quebec like OIL is for AB” however that statement they made has nothing to do with NMX, actually none of the websites they mention has anything to do with NMX…it’s all just an effort to convince people that NMX based on the demand out there it cannot fail…however even the demand they are talking about is in question.
LI will never replace the OIL!
Wake up Whabouchians, Whabouchi planet is only a nice dream…the real nightmare is just starting, WAKE UP!



furiousmat wrote:

How could I be more dramatic than the obvious fact that this thing has lost 80% of its value in 1 year?
Are you not getting that? Are you really so convinced of your own genius that you think the reason for this is that the entire market is retarded and you've got this all under control? What are the odds of this being true, considering the facts we know:
    - The company has sold much of its future production already at low prices
    - The company has high interest debt.
    - The management drastically underestimated the cost of the project.
    - This same management can't find smart money investors to complete the project.
    - The company is out of cash to the point they have to shut down operations.
     
So how exactly is this still a good investment? What is the optimism based on? Is there anything you can point to to support your position in this? This isn't even an investment anymore. It's a gamble that somehow a miracle will happen.


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