Nemaska Lithium Inc NMKEF

RE:RE:RE:RE:RE:RE:RE:RE:New lithium supply demand forecast "Joe Lowry"

[Calgary_AB]

post from Feb 2019 I mentioned the sharks, the take over....100% right except at the time we never heard of PL it was SB but the name doesn't matter

read below:

Calgary_AB wrote: I don't give advice on buy hold or sell....each individual has a unique level of risk taking....
If you are on top of it you can make money buying and selling at right times and having Level2 helps a lot, except I noticed my level2 did not help much after the sharks got involved, they change in a split second and gives you no time to adjust...so it is very risky if you try to beat the sharks or play the waves....

The way I see it now; it will not recover over $1.00 anytime soon...it has more downside potential than upside...
it's very risky because too many big sharks involved that do not care for any valuations. NMX sold it's sole and does not have any skin in the game, totally controled by sharks.

It will get worse yet after the next round of financing if it ever happens... 400 million is bigger than the initial 1.1 billion....the 1.1 billion was easier to get because the value of NMX looked better, now it's all pre-sold and streamed to the point of where else can they add more value, maybe they bring Doris back in the news...
After not keeping their already bad promise to FMC they lost credibility and it's harder to talk some other company into injecting more cash...

If I was Softbank I would let NMX continue the build untill they run out of money compleatley...
Put them into receivership for the money they still owe, clean up the debts including retail investors and make a stupid offer to buy them out and take it private....hire the same engineers and workers and finish the project...
this way there is no streems no debts and no shareholder and half the project already built...they invested 100 million that they will lose and if they buy it for another 100 million to pay some of the top gurus that need to be paid (like the qc gov) that is 200 mill + money to complete the project....so for way less than 1 billion they get a clean company and all it's resources. That's just my opinion and I would hate to be right....

Softbank did that to others before, they took them private and made billions with them...Softbank is not a bank...it's a shark loan with takeover writen all over it...they don't take over with intentions of making good on original investors...

I guess we'll see how it plays out...

Wicky24 wrote: You are right about China and everything you say. Your well well well aware of a lot about NMX. You were annoying to me.... but now that read everything you wrote it’s very accurate and interesting..... would you sell your shares? Or Hold at this point. Do you think everyone will lose their shirt?  And is it possible for this stock to reach $2 again?  And if so is it the Chinese that can make this happen?