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 > Drivers seat now

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Comment by TicTacToon Jun 13, 2020 10:39am

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Post# 31146532

RE:RE:RE:Drivers seat now

Wait and see reply in a few weeks, as seem reasonable hope of refinancing and return to TSX option, we will maybe end extremely lucky to not be wipe out ... not usual outcome. If end well, never forget for next investment as rarely get such luck another time.

Feel Livent is the closest to NMX as a pure lithium player, based on it if we stay in the loop and dilution remains reasonnable, future could be interesting, especially for those with low entry price.

Price use by NMX for calculation of $14/kg LiOH is fair, means US$ 525 million yearly revenue (C$ 700 million) with profit ratio of an high-tech company.

Financials (USD)