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Thursday, 11/01/2018 7:08:34 AM

Thursday, November 01, 2018 7:08:34 AM

Post# of 1083
Nemaska: A Lithium Bargain By Debra Fiakas CFA - October 29, 2018

http://www.altenergystocks.com/archives/2018/10/nemaska-a-lithium-bargain/

"Nemaska shares have not tracked the company’s success in developing proprietary technology and securing financing to meet customer commitments. The shares still trade below a dollar – in either US or Canadian terms – and trade near the 52-week low price. True enough the company has taken on new debt and full commercial scale production is still at least a year away. Every investor under the sun knows high volume production can differ dramatically from pilot plant performance. Yet the current valuation of 1.0 times book value seems unnecessarily conservative given the time-to-commercial shipments and prime off-take and tolling agreements with lithium battery market leaders."

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