Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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.


GREY:NMKEF - Post by User

Comment by Calgary_ABon Jul 07, 2020 4:39pm
132 Views
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.


<< Previous
Bullboard Posts
Next >>