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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 > Edda - 2nd offer announced at press conference
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Comment by TFSAfundson Sep 16, 2020 12:21pm
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Post# 31567458

RE:RE:Edda - 2nd offer announced at press conference

RE:RE:Edda - 2nd offer announced at press conferenceYup, that'll be a smart move... If the Pallinghurst bid gets involved in legal stonewalling, they will invoke "undue hardship" and back out of the deal. As everything drags out, the existing cash reserves get used, leading to a true "bankruptcy" where the assets will be sold for pennies to the highest bidders. I can't see how this benefits existing shareholders, they will still get nothing, but will incur additional legal fees...

bigkagan wrote: we must drag this thing out with lawsuits as long as possible so that we get a better deal with shareholders included


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