GREY:NMKEF - Post by User
Comment by
TFSAfundson Feb 23, 2020 4:21pm
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Post# 30723232
RE:RE:NMX Has To Watch Out
RE:RE:NMX Has To Watch OutTcheck... you can't be serious???
.nmx acquiring nal assets . And how is NMX going to pay for acquiring NAL assets? I really don't believe that you can buy other companies when you are in creditor protection! Oh right, you want the government to bail out NMX and while they're at it, they may as well throw in more money to buy bankrupt assets... we are the only ones left standing NMX is in CCAA... you call that standing? I call it "one foot in the grave". lol the only ones with expertise to purify lithium Really, the only ones? What we have is a proprietary process (unproven at scale by the way!) and access to cheap electricity. Anybody can make battery grade lithium hydroxide, just ask LG Chem, Panasonic, etc. And they are doing it where labour is cheap and where the cost of bribes (and union extortion) is a lot less! expand the business and the profits . At this point, saying NMX is a going concern is laughable! It's not a business... NO REVENUE!!! How can you possibly expand and increase profits??? all for the benefit of quebec and quebecs taxpayers What you really mean is "all paid for by Quebec and Quebec's taxpayers" through outright handouts, donations, charity... call it what you want! the future is bright As bright as a burnt out lightbulb... as the saying goes! The future is hardly tenable for this company!
I'm hoping that the 26'er you must have imbibed has not permanently affected your mental faculties? Tcheck wrote:
it is has been a while now that i sugested that nmx should make the bid for nal assets .
it should and can still be the other way round .nmx acquiring nal assets .
we are the only ones left standing and with the only ones with expertise to purify lithium .
moreover we look out for ways to expand the business and the profits .
all in one fell swoop .
all for the benefit of quebec and quebecs taxpayers
the future is bright if it is renewable