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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 Calgary_ABon Aug 21, 2020 11:44am
97 Views
Post# 31438600

RE:RE:Not looking good.

RE:RE:Not looking good.back in 2016 the original plan was to start with a few cells and grow from there and they convinced everyone that was scalable...then later they changed the plan to go all the way for the full plant 1.2 billion cost...stupid move.
they should have started small and grow organically without having to issue a billion shares and pre-sell the full production at a huge discount. They sold the future profit for discount 60%

Now we hear from Fitz the stupid deals...I kept saying; we need to see the contracts and read the small prints...impossible GB is not giving huge discounts for all those take-off's and streams


phantom666 wrote: There u go Loser, try reading between the lines for some answers. When you change directions in the middle of the stream you experience alot of resistance. Like changing design plans to produce more Lithium Hydroxide when everything was going on the straight and narrow. IMO when the DD was done, and it was discovered exactly what a sh!t show that was going on, the only route to take is the one we are on. Someone thought it was ok to sell most of the farm for the financing just to get the project completed. Like any design prototype, first of, it had a few kinks to be worked out and a decisive direction to the finish line.Hopefully someone is willing to pick up the ball and keep running with it and keep us shareholders on the team.


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