Nemaska Lithium Inc.

Nemaska Lithium Inc. is a development company with a high-grade lithium asset and patent-pending processes to produce high purity lithium hydroxide and lithium carbonate using electrolysis technology. The company's key asset is the Whabouchi deposit located in Quebec, Canada. At an average grade of 1.53% Li2O, it is the second richest hard rock deposit in the world. Nemaska Lithium has also developed a proprietary process to produce lithium hydroxide, a compound which is expected to outpace all other raw materials (including lithium carbonate) in battery applications. Nemaska Lithium is predicting to produce lithium hydroxide at competitive prices to its peers and, in many instances, at a lower cost.

Expert Comments:

Nemaska Lithium has expanded the drill program at its Whabouchi lithium project following discovery of a new lithium-bearing zone, leading analyst David Talbot of Dundee Capital Markets to reiterate the investment thesis for Dundee's top lithium pick.
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Joe Reagor, ROTH Capital Partners (9/8/16)
"We are initiating coverage of Nemaska Lithium Inc. with a Buy rating. . .NMX is one of a select few lithium development companies with the potential to reach production in the next few years as lithium demand continues to grow. . .the company's proprietary production process could make it a low cost provider of lithium and thus more sustainable than current high cost producers. . .we believe the company will sign off-take agreements for 75% of its potential future annual production by the end of 2016 and begin the process of financing the commercial plant during early 2017."

David Talbot, Dundee Capital Markets (9/6/16)
"We reiterate our Buy rating for Nemaska Lithium Inc., our top lithium pick. . .we didn't expect news like this from Nemaska as it puts further delineation drilling touches on its Whabouchi lithium project in Quebec. Doris Zone is a potentially new spodumene and lithium-bearing pegmatite dyke. . .with this new discovery a bonus, Nemaska appears to be well on its way to achieving its three drilling objectives for this fall. . .another five holes are planned to help delineate Doris. The program is now expanded to 50 holes and 17,000m."

Thom Calandra, The Calandra Report (9/1/16)
"Nemaska Lithium Inc. has a real hard-rock deposit probably months from producing. It has perhaps $90 million or more in its treasury. . .it already has one lithium-ion rechargeable battery maker in on lithium offtake from its developing project. Monsieur Bourassa likely has other offtake partners lined up."

Ryan Walker, Echelon Wealth Partners (7/20/16)
"Nemaska Lithium Inc. is powering forward with a charged-up bank account. . .we resume coverage on following completion of the Company's $69M equity financing, in which Echelon Wealth Partners participated as a syndicate member. . .NMX plans to apply the net proceeds from the raise to engineering work on the Whabouchi mine and concentrator and (funded) Shawinigan hydromet plant, down payments for long-lead items, drilling at Whabouchi, and for general working capital purposes. . .We reiterate our Speculative Buy rating and $2.05/shr price target."

David Talbot, Dundee Capital Markets (7/13/16)
"We reiterate our Buy rating for Nemaska Lithium Inc., our top lithium pick. . .Francois Godin has been appointed VP Operations. . .we believe his appointment helps to greatly improve the likelihood of Nemaska's start-up success, and ultimately economic sustainability. . .his appointment represents Nemaska's growing up into a legitimate developer and soon-to-be operator. . .his expertise spans the life of a mining project from design and construction, through to start-up, operations and mining and chemical process optimization. His experience includes building and starting the billion-dollar ilmenite mineral sands operation in Madagascar."

David Talbot, Dundee Capital Markets (7/11/16)
"Nemaska Lithium Inc.'s $69 MM equity raise helps fund 14,000m of resource drilling, engineering, down payments on long lead items, concentrator steelworks and working capital. . .phase 1 plant construction/operation were already funded. . .this is an important year as we anticipate ongoing, positive news that may further increase our valuation such as resource and mine enhancements to improve economics; accelerated concentrator construction in advance of winter; and significant de-risking of the process, customer base and future project funding.

More Expert Comments

Experts Following This Company

Thom Calandra, writer The Calandra Report
Jon Hykawy, Analyst – Stormcrow Capital
Gwen Preston, Founder Resource Maven
Joe Reagor, Analyst – ROTH Capital Partners
Paul Renken, Senior Geologist – VSA Capital
David Talbot, Vice President, Senior Analyst – Dundee Capital Markets
Ryan Walker, Analyst – Echelon Wealth Partners

The information provided above is from analysts, newsletters, the company and other contributors.

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Investing Highlights
World Class Lithium Asset With Positive Feasibility Study
Proprietary technology to produce highest quality lithium hydroxide at lowest costs
Seasoned and experienced management team of Lithium experts