Nemaska Lithium Inc fka NMKEF

[HowardHughs]

Reflections On Nemaska's Bombshell
https://seekingalpha.com/article/4241693-reflections-nemaskas-bombshell?dr=1

"Repriced To The Same Valuation
The market quickly repriced Nemaska to the same valuation after accounting for an additional $285 million of equity dilution. If you own it, I would not buy any more. If you do not own it, buying it at the current price is not giving you any sort of discount to where it was a few days ago. Again, it has been repriced to account for the dilution and continues to trade for the same valuation. It is not cheaper.

"Nemaska continues to trade at a valuation that is comparable to Lithium Americas (LAC). Both companies are targeting 2022 for full production.

"Nemaska shareholders should set down their stones (for now at least). In a few years, they just might have the lowest-cost hydroxide producer and one who actually discloses its low costs. That which was once rejected may become increasingly valuable and transparently so.