Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.

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Nemaska Lithium Inc > What is the total cost to undo the capital structure?

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Comment by Ciseauxon Jul 01, 2020 3:03pm

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Post# 31212935

RE:RE:RE:RE:What is the total cost to undo the capital structure?

Pallinghurst knew of the cost overrun last Fall when they proposed to come in at 25 cents per share. And the debt is now fixed. My point is that they could make the same bid, minus the cost to fix the capital structure.

Takeactionnow wrote: What Pallinghurst (and a lot of others) didn't like is the way the debt was structured (the restrictions were way too tight and posed a serious risk, as we have seen). The rate was high too, but people tend to forget that the original idea was to get into production and start paying back as soon as possible. Then came the cost overruns ...