Nemaska Lithium Inc NMKEF

Assuming that NMX stays in the 22 cent to 26 cent range over

[materialsgirl]

Should we expect that the new financial house
will buy all outstanding 1.6 million shares at 25
cents if all other investors choose bit to exercise.

If not there will be another painful chapter ahead.

Alternatively the new kid on the block may offer
to inject $400m but demand 2 million shares or
more.

Teck did something like this to Copper Fox
several years ago.  It happens occasionally
if there is not an iron clad contractual obligation.

Does anyone have any insight?

mat

[CanadaCoin]

I know you meant to say 1.6 Billion....not million. But here is the jest to your questions. There is no definite agreement/contract yet with Pallinghurst, so anything can change. But the odds are, all proposed terms in the LOI will move forward as presented.  - that Pallinghurst has guaranteed NMX that they will exercise all Rights that shareholders do not exercise. You can safely assume

[nickto]

This post has been removed in accordance with Community Policy

[CanadaCoin]

I agree Nickto! Current share base - 900 Million shares Pallinghurst Placement - 800 Million shares Rights Offering up to - 1,600 Million shares Total Outstanding Share base - 3,300 Million shares Pallinghurst will obviously exercise their Rights for an additional 711 Million shares. And they will probably end up with another 200 Million shares due to non participation of the part of retail

[mick1888]

Not bad indeed CanadaC - in particular that they (Pallinghurst) significantly de risk the project for all of us existing shareholders too.... ;-)

[CanadaCoin]

I would say half the risk is already gone, but you took a heavy hit to get to this point [finanacing savior].  Let's hope the 2nd half's risk is not as severe on you. 

[mick1888]

All I can say is the only way is up (I hope).... ;-D And with the priviso that I mean Long.... ;-)

[Calgary_AB]

People that read my posts, over a year ago I posted about "If I was SoftBank..." posted exactly this transaction...it just wasn't SB that did it it will be Pallinghurst...at the time SP was over 1.00 don't remeber exctly but lets say 1.20...I said the smart thing for SB is to make NMX starve and drive SP to 0.30's and pick them up for a 400mill...if you look at than post it

[CanadaCoin]

I do recall Calgary, your $0.30 target and a white knight savior possibly coming along.  And you have been bang on about gold and your gold picks also. Well done! I picked up a junior gold this past week myself. I just hope these kudos don't swell your head too much. :-) Just kidding! 

[Calgary_AB]

CC as far as my head getting swollen, I already had the confidence of what I was talking about prior to posting...my head has for sure more working brain than most of these baboons, I was only trying to make them see some reality as they do live in LALA fantasy land... KG last results are second biggest ever in the world...1009g/t over a meter...with 1035g/t silver...watch this junior...I just

[ewaltz22]

now now Callie no need for name calling... Here's a video of your idol walking the streets of Montreal....grab some tissues !! https://www.instagram.com/p/B09JoVWlTHX/?utm_source=ig_web_copy_link

[CanadaCoin]

Calgary, I can't defend you when you get into name calling. There is no need. I don't know why you take this posting so personally. 

[Calgary_AB]

CC, in order for me to describe a group so you know who I am talking about, I have to give this group a name...they don't like being called Longs, I can't call them the stupid group because not all of them are stupid, can't call them the idiots as not all of them are idiots so one thing they have in common is act like baboons so I describe them to you as the "baboon" group...

[mick1888]

Simple question to all ye bashers - what do you regard as LONG?

[CanadaCoin]

I'm not a basher, but I'll take a stab at it. I'm a truth teller actually. :-) A 'Long' position is about 2-4 years out. Anything more than that is just conjecture and fantasy. Market cycles will come into play....and Long positions should turn into Short.  Technology is forever evolving. Beta or VHS? DVD or BlueRay? China or the US?  Long positions need to be re

[mick1888]

CanadaC - no doubt you and many other posters are excellent investors and expert at what you do, but as I suspected reading many of your comments, you really have no idea what is Long and why we are Long. Go into any pension investment platform and you will discover that the recommended minimum length of time to hold a position is 5 years and more common longer (10yrs) to smooth out the peaks and

[CanadaCoin]

"Go into any pension investment platform and you will discover that the recommended minimum length of time to hold a position is 5 years and more common longer (10yrs) to smooth out the peaks and troughs of growth.." This is great if you are young; investing in Mutual Funds; or  into Blue Chips. But if it is indeed high risk resource stocks, you must be extremely well diversified!&

[mick1888]

Can't disagree with a lot of what you say (except I will have to check up what 101 is?), only thing being, if you wait until everything is proven, then you're looking at 2-3$. And as you say, if this is part of a balanced portfolio (albeit the riskier part), then it makes sense for my goals.... ;-)

[nickto]

This post has been removed in accordance with Community Policy

[mick1888]

Ok....ten if you like. But that will no doubt so far down the line I may not still be invested.... ;-) Have a great Sunday.... ;-)

[Calgary_AB]

There is a difference between being a basher and being informed and see reality with clear eyes…trying to open other investors eyes you call it bashing…you are not very bright I TOLD YOU SO

[mick1888]

There is a difference between being a basher and being informed and see reality with clear eyes…trying to open other investors eyes you call it bashing…you are not very bright CalAB you are probably correct on your diagnosis of my intelligence, but what are you my friend? Being a Christian prohibits me from saying anything further.... ;-D Have a great week.... ;-)

[Calgary_AB]

Mick, you know that being a Christian is enough to think it and you already guilty of it, so might as well say it, you will be forgiven... back to being serious. be carefull how much trust you put in NMX, it's going nowhere fast, the downside has a greater chance than upside...buy some gold miners, they are all at bottom and upside is huge from here...Oct. brexit with no deal...Nov gold will

[nickto]

This post has been removed in accordance with Community Policy

[mick1888]

Lol....condemned on my thoughts, what chance do I have CalAB.... ;-D Thanks for the advice, always appreciate a good tip. If it comes a no deal Brexit in Oct, think I'll be looking to emigrate (are you still taking in skilled workers in Canada).... ;-D And by the way, I've plenty of time to make up my loses, my shares are going nowhere (and will be increasing in the rights offering)....

[Calgary_AB]

LOL...we don't need anyone in AB, not enough jobs but you can try QC it sounds like you like socialism so it's either QC or BC...:) I am not really worried about people that don't mind losses...you know better than I what is good for you...good luck to you

[mick1888]

CalAB - It's not the case that I like socialism, it's that I live socialism... ;-) And before you ask, nothing wrong with earning money or investing, as long as I'm paying my fair dues (tax) 'for the many, not the few'.... ;-D

[joeman]

NMX, far too soon to invest in NMX, small investors should wait until november 2020 and make sure no more cost overruns and stock dilutions.I will keep an eye on NMX but I already lost too much money on NMX to risk any more. I sold all my NMX stock at a really bad loss , thankfully I listenned to Calgary_AB and got out before it even got this low..

[ewaltz22]

thanks for sharing...really inspiring stuff....Calgary is the best...wish I could add him as my Facebook friend . He is my savior

[Calgary_AB]

[ewaltz, Joeman was part of your group that was bashing me over a year ago but he woke up... you are still asleep dreaming of NMX at $5...wake up ewaltz, atleast try to see the reality NMX sold it's sole already with the last financing...I've been saying it for a few years now "this management is not smart and it will drain your wallet"... I TOLD YOU SO quote=ewaltz22] thanks

[ewaltz22]

yeah but you're missing the point Calgary! Can we be Facebook friends? You seem to have it all...money, knowledge, a crystal ball and a catchphrase! And throughout all of this and you're busy schedule you find the time to save us from nmx. You're far too generous and we are not worthy! Many blessings calgary

[joeman]

Ya Calgary_AB saved my bacon, I sold my shares in 60 cents/70 cents range.  I'll have a closer look at NMX in summer 2020 when we can see how the progress of the Shawinigan refinery is comming along. [/quote]

[ewaltz22]

never bashed you Calgary...I can appreciate different views on nmx but you just became pompous and annoying....you were what Canada coin is now . So congrats for saving joenan....looks like you have a promising future as a stockpicker..... You're the next Jim Cramer and you have your own catchphrase looks like you're all set! I always had a time frame of five to 10 years for an Amex so all

[Calgary_AB]

you are a good man ewaltz looks like you are ok supporting a local company.... Let me ask you this; if one of your family members asked you for money equivalent to what you are in red right now, would you have given it to them? ewalts you are making excuses for your stupidity so you feel better about your loss... You should have listened to me back then but you did bash me... I TOLD YOU SO!!!

[ewaltz22]

oh nice now you're talking about my family now. You're a swell guy. You must be very popular

[Calgary_AB]

You are the typical left, taking things out of context…when was I talking about your family? I asked you a question that you didn’t answer but it hurt you deeply I see… Here is the question: if one of your family members would have asked you for money, would you have given to him/her the amount you are in red with NMX? I know the answer to this... "Hell no..." Apparently you don’t mind

[ewaltz22]

to answer your question, yes I would in a heartbeat because it's my family! What's your point?

[Calgary_AB]

Canada Coin is way too easy on you baboons, he is explaining it like a teacher in the classroom... On the other side I tell you how it is and why it is that way in a way more direct way and on the same tone that baboons talk to me....and it's up to you to learn if you want... a few things over the years that I mentioned: 1. A good management will turn around a bad company and make it run

[ewaltz22]

wow we are so lucky we have you to warn us about the future! Calgary for prime minister!!

[Calgary_AB]

talking about PM, the one u guys ellected is a joke...he has the name and connections = corruption...he's a puppet... we need someone with brains...and hopfully not from the same corrupt QC group of people...

[ewaltz22]

Mick you can come anytime to Quebec, we can wait over here together while Calgary drive his gold bus to come save the nmx inverstos!!! HE TOLD US SO! We don't deserve you Calgary!