Nemaska Lithium Inc NMKEF

RE:Good FT paper - very pessimistic

[Calgary_AB]

I said the same thing over a year ago when people were bashing me saying: you think SB is stupid? and I said it sounds that way to me...and I said 100 million for SB gets released by an account manager and it's a small amount of money compare to their overall budgets....
Very agressive visions sometimes spectacular crashes...

The way SB invested last few years (not their own money) I can see them following NMX...
There is a time when they have to answer to Saudis what they did with the investment...I wouldn't want to be in the same meeting room with Saudi and MasaSon...it could get bloody messy

TeddyBear wrote: https://www.ft.com/content/bd8b91ba-259f-11ea-9305-4234e74b0ef3

They also mark another blow for SoftBank, the Japanese group controlled by Masayoshi Son that has had investments sour this year. “Once they got the SoftBank investment, people thought ‘Masa Son doesn’t make stupid investments’ but as it turns out they do,” said Joe Lowry, a lithium consultant.


“It’s the poster child for what goes wrong when money and hubris meet lithium,” he added. “It’s another black eye on lithium investments. Unwinding this is going to take forever. I don’t believe they or any successor company will be producing lithium within five years.”