Post by
Tcheck on Mar 26, 2020 11:55am
nmx is not a growth stock yet
it has a set value
mine capacity times fluctuating lithium price .
this value can be calculated and it should lead to a reasonable shareprice estimation if we knew about how many shares we are talking .
now 880 million shares are already issued .the shovels are not in the ground
we need 1.2 bn .
i believe that if nmx stays as it is ,it is a hard sell .
it is not as valuable as bombardier (technologically speaking .what a loss ,what a shame )
but it can serve its purpose in the grand scheme of things .
so i hope that quebec will see it as strategically important enough to invest in it .low interest loan with grace period or hydro quebec participation .
i am dreaming but i think we(quebec) should work to integrate all lithium ressources in quebec and
start partnerships with the other provinces and countries who produce spodumene.become the hub
got lithium
everything is better than gold
totally useless.
have a good day
Comment by
Takeactionnow on Mar 26, 2020 12:24pm
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