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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 mick1888on Jul 19, 2020 8:23am
173 Views
Post# 31286750

RE:RE:RE:RE:RE:RE:RE:RE:Should be interesting...

RE:RE:RE:RE:RE:RE:RE:RE:Should be interesting...CalAB, you conveniently missed the point I made with my answer. The Government, through IQ or other agencies will invest between 200 - 300m in this project regardless of whether retail are in this or not. So would you rather they invest that money in a private company, most likely taken over by foreign investors, or would you rather that money was in invested a public company with tens of thousands of local tax payers as their partner?

Do you not think it would be a bit sick to wish for the former?

To be honest, I would rather the IQ (or the State) had nothing to do with this project, but I can appreciate why they would. And, if at the same time it benefits retail investors through less dilution, low interest rates etc then so be it.

GLTA longs

PS Got Lithium (I got my timing wrong, but it is right now).... ;-)

Calgary_AB wrote: and I got bashed for saying the same things about Gov. investing my money...but at the time it was investing in NMX so all the LONGS bashed me, but when the Gov. screws them, they bash the Gov....
What do you expect Mick, I told yopu so long ago...


TFSAfunds wrote: Wow mick, cannot believe that... but it is OK for politicians to throw taxpayer money at failing enterprises and that wouldn't be interpreted as "getting involved" or "interfering" where they have no business??? What it boils down to is... as long as you get your money back, doesn't matter from where or from whom, you'll be happy! I suppose if I were in your shoes, I'd feel the same way, but I wouldn't be such a hypocrite about it... (with reference to that bullshit email of yours!)

 but I am deeply suspicious when politicians get involved and interfere in business (where they have no business)




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