GREY:NMKEF - Post by User
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Calgary_ABon Jul 07, 2020 4:39pm
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Post# 31235979
RE:RE:RE:RE:RE:Impact of current stock market evaluation on NMX bids?
RE:RE:RE:RE:RE:Impact of current stock market evaluation on NMX bids?No doubt NMX can be a "cash cow" it was so far; LONGS were the cow
The project can be profitable if planned and run properly. However, can any of you find a reason why would an investor even consider paying the old unsecured investors in order to get a junior that will need another billion on top of paying the investors? why would an investor want to share future profits with old investors that went into insolvency?
In a case like this, investors that see potential in the mine and plant are looking for how cheap they can get it and how to wipe out old promises and commitments...and I am afraid soon I will be saying “I TOLD YOU SO!”, by the way I also told you so while you guys still had a chance of unloading but I got bashed instead rather than a “Thank you”
TicTacTo wrote: Mine alone is of limited interest there is huge spodumene reserve in Australia, industry need reliable source of high quality lithium salt not one more spodumene mine.
What is possible is mine + more classical process (soda ash) much less CAPEX intensive but doubt also, electrochemical process more CAPEX expensive but interesting for LiOH and among lower OPEX.
NMX 2.0 with smart owner/management will be a cash cow, very profitable project, many recognize among battery supply chain, best return is component and even better lithium salt raw material.