Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on NEMASKA LITHIUM INC. We currently have 4 research reports from 2 professional analysts.
Frequency of research reports
Research reports on
NEMASKA LITHIUM INC
NEMASKA LITHIUM INC
VSA Battery Market Recharge
22 Aug 16
Underlying demand for lithium-ion batteries continues to be strong and lithium prices are up as a result. However, in line with our expectations, shares of the hard rock development projects, which rallied strongly between late 2015 into H1 2015 have paused. Nonetheless, the divergence in valuations between the hard rock projects and their clay and brine peers remains stark. Following key developments, such as Lithium Americas (LAC CN) JV with Sociedad Qimica y Minera (SQM US), we believe that the additional development risk associated with clay and brine projects is being addressed while cheap valuations along with strong market fundamentals mean that these projects are now attractive, in our view.
VSA Battery Market Recharge
23 Mar 16
Lithium stocks have doubled and doubled again over the past 18 months as reports of US$12,000/t lithium carbonate spot purchases have spread from China with demand growing strongly on the back of rising electric vehicle sales. Although the fundamentals of the lithium market remain attractive, in our view, we believe that stocks now appear expensive and we expect a correction following such a sharp rally. Valuations now reflect the upper end of spot price reports, however, the spot market reflects only a small portion of annual transactions and we expect annual pricing negotiations between the majors to result in more modest increases YoY to around US$8-9,000/t for lithium carbonate and US$9-10,000/t for lithium hydroxide in 2016. Furthermore, recent transactional activity demonstrates clearly the divergence between fair value and current market valuations.
VSA Battery Supply Chain Report
07 Jan 16
Proponents of battery technology have long decried its slow development when compared to the exponential growth of microchip processing capacity over the past few decades. However, a massive increase in the number of devices that require batteries, with exciting new growth sectors such as electric vehicles and renewable energy storage, has delivered significantly larger amounts of global investment into the sector. Last year, Gordon Moore, co-founder of Intel, said ‘I see Moore's Law dying here in the next decade or so’. As the sun is perhaps setting on Moore’s Law, are batteries about to get their own moment in the spotlight? In this report, we utilise the expertise across the VSA research team to produce an overview of the battery supply chain, from raw material mining to end use, highlighting the various ways in which investors can gain exposure to this important trend.
30 Nov 16
Abzena (ABZA): Interim results indicate happy customers (BUY) | Horizonte Minerals* (HZM): Fund raise completed (CORP) | SacOil* (SAC): Half-year trading statement (CORP) | Revolution Bars (RBG): New openings (BUY) | Amino Technologies* (AMO): Multi operator FUSION roll out (CORP)
Small Cap Breakfast
29 Nov 16
Asia Pacific Investment Partner - the research-driven emerging and frontier markets real estate development business intends to float on AIM and conduct a placing in December RM Secured Direct Lending - The secured direct lending fund intends to float on the Main Market on 15 December raising up to £100m Diversified Oil & Gas— Schedule One now out. $60m to be raised. Expected admission 6 December. Creo Medical Group —UK based medical device company focused on surgical endoscopy, a recent development in minimally invasive surgery. Admission due 7 December. Fundraising details TBA.
24 Nov 16
Quixant* (QXT): Gaming gains (CORP) | SCISYS* (SSY): Bringing good news from Germany (CORP) | Hayward Tyler Group*: Contract wins (CORP) | Sound Energy (SOU): TE-7 flow rate and fund raise (BUY) | Water Intelligence* (WATR): Growth and improving returns in a defensive market (CORP) | Imaginatik* (IMTK): Interim trading update (CORP)
High grade, low cost gold
28 Nov 16
High grades and low costs mean that, in our view, Scotgold’s Cononish project could generate more than £14m a year in EBITDA. In addition to advancing funding discussions based on the compelling bankable feasibility study mine plan (which at £950/oz gold price and 8% WACC gives a project NPV of £43.0m), the company is exploring optimisation opportunities, as well as the potential for a phased approach requiring lower up front capital. We are resuming coverage with a Buy recommendation and target price of 2.2p