Panjang
Big Cypher Pattern on Nemaska Lithium
Technicals - Nice Cypher on Nemaska Lithium, Stock is currently at a strong resistance point, good time to buy.
Fundamentals - After Morgan-Stanley's report on lithium, NMX dropped seriously low from its $2.44 pic. However, Nemaska Lithium is developing a different commercial model than other lithium producers. It is also backed by the government and therefore has a lot of resources to grow. Lithium production is increasing worldwide for sure, but Nemaska will produce high-quality hydroxide (which is more and more demanded) for a reasonable cost and will supply not only the car industry, but the phone, solar, and global tech industry.
With numerous contracts already signed, I believe NMX has a strong potential and is probably underpriced.
For more info - read FT report on NMX.
Fundamentals - After Morgan-Stanley's report on lithium, NMX dropped seriously low from its $2.44 pic. However, Nemaska Lithium is developing a different commercial model than other lithium producers. It is also backed by the government and therefore has a lot of resources to grow. Lithium production is increasing worldwide for sure, but Nemaska will produce high-quality hydroxide (which is more and more demanded) for a reasonable cost and will supply not only the car industry, but the phone, solar, and global tech industry.
With numerous contracts already signed, I believe NMX has a strong potential and is probably underpriced.
For more info - read FT report on NMX.
Nota
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.