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Nemaska Lithium Inc NMKEF

Metals & Mining Industrial Metals & Minerals Battery metals
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.


GREY:NMKEF - Post by User

Nemaska Lithium Inc > who will decide (who will be the next owners)
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Comment by TicTacToon Jul 21, 2020 5:36am
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Post# 31294418

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:who will decide (who will be the next owners)

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:who will decide (who will be the next owners)Refinancing was official NMX plan after LACC but no certitude with final outcome.

Agree sales of asset with positive equity allowing some distribution to shareholders already positive outcome, need C$85 million net equity to recover 10 cents/sh. Important number of bidders increase chance to maximize company value.

We are due to wait little more for bidding result, cross fingers but keep expectation low as investors wipe out is one of posible outcome, still hope we will avoid it even if minimal confidence following multiple economy minister comments.


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