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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

Post by materialsgirlon Nov 23, 2019 4:03pm
158 Views
Post# 30385739

The current focus for this Christmas

The current focus for this ChristmasThe focus is the shut the whole operation down and put it
into care and maintenance.
This is 95% proof that we can expect nothing positive to 
happen before PDAC.  It is expensive to shut down.
==============================
said Guy Bourassa, President and CEO of Nemaska Lithium. “Over the past month, our teams have worked diligently to prepare the sites for temporary shutdown, in anticipation of an orderly resumption of activities that will minimize delays once financing has been secured and the construction schedule is confirmed.”
===============================================

Pallinghurst may be waiting it out until the government
and the courts will give them the property for free.
Free and with tax and other incentives.
Quebec is interested in the mine going ahead.
However, it could not care less if Ontario and western investors 
lose a few million dollars.

mat
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