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.

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Nemaska Lithium Inc > My guess is Telsa buys NMX ...

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Comment by Calgary_ABon Jan 30, 2020 8:07am

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Post# 30618667

RE:My guess is Telsa buys NMX ...

My guess is Tesla doesn'r even know NMX exists.

It doesn't matter who wants to buy it, not one investor will come out to save the retail, why should they?
NMX has nothing to offer and no bargaining power at all ZERO
Anyone interested will probably buy it in BANKRUPTCY for way less than it's worth...

Charlene wrote: It just makes too much sense. This way they can have a vertically integrated supply chain for the north american market. With this asset, they can really drive down battery costs and improve their margins. They will have a huge advantage over other OEMs on cost and quality. The question is how much will they bid. $300M ($0.35/share), $400M ($0.47/share), 500M ($0.58/share)....depends on the competition. They can then complete this with their own cash flows or cash on hand.

https://www.cnbc.com/2020/01/29/tesla-tsla-earnings-q4-2019.html

Time will tell...