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Bullboard - Stock Discussion Forum 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 Discussion

Nemaska Lithium Inc > Impact of current stock market evaluation on NMX bids?
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Post by Ciseaux on Jul 06, 2020 6:42pm

Impact of current stock market evaluation on NMX bids?

How much impact does the short term valuation of the stock market have on the bids of Nemaska? Could the bids increase in the last few days because the general markets (and SQM, Albermarle, TSLA, ...) are up? 
Or were the bids pretty much settled a few weeks ago based on a bunch of factors, but ignoring the current stock market volatility (up or down)?
Comment by mick1888 on Jul 06, 2020 7:03pm
Ciseaux, all the big players, the real serious guys (not the vultures) know the true value of this project and have known for some time what their top line is going to be. Irrespective of short term volatility up or down. The biggest plus for the project (and for retail investors) is the number of bidders still in the hunt. And let's not forget, there is still the possibility of an auction ...more  
Comment by Harmonicaa on Jul 07, 2020 12:37am
This company is toast. Move on. Mo
Comment by bigkagan on Jul 07, 2020 12:37pm
I think there will be an investor for the mine, not the plant, which is a much cheaper proposition 
Comment by TicTacTo on Jul 07, 2020 4:02pm
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 ...more  
Comment by Calgary_AB on Jul 07, 2020 4:39pm
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 ...more  
Comment by Calgary_AB on Jul 07, 2020 1:28am
A serious company wouldn't touch it with a 10' pole... Only Vultures would fight over carcasses...but don't expect any left overs either... I told you long time ago; GB sold himself and the company to SHARKS, be careful swiming these murky waters, you'll be eaten alive... Nothing more I can say other than "I TOLD YOU SO!" so I won't say it....