Absolutely... It makes sense for Galaxy to align with Nemaska.. I'd like to see it.
The market cap of Nemaska is quite low and the number of shares on offer is fairly similar to that of Galaxy.
A 26kt/a hydroxide converter would boost revenues and they are getting good grades on their concentrate. Hypothothetically using a conservative price for lithium hydroxide of US$15,000 per tonne that is another US$400 million added to the bottom line on top of the potential US$200 million. Totalling AU$805 million...
Nemaska also recently added a patent in the United States and Australia..
I am wondering what the combined market cap would end up being?
Wouldn't be too hard to pick up that FMC lithium spin off then and further sweat Sal De Vida... Maybe even have a chat with Lithium X next door.
Would love to see some Canadians join us on our journey.. We might all need to get our Google translators out when the Argentinians join us also.
I have said to many people including Joe that I think Galaxy will become the largest producer of lithium globally. - We have some fantastic Allies
Just pushing back now.
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I'll be back.. LOL
