Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum 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.

GREY:NMKEF - Post Discussion

Nemaska Lithium Inc > Why not borrow 600 M in europe
View:
Post by Tcheck on Aug 18, 2019 5:26pm

Why not borrow 600 M in europe

At negative rates .ok or at minimal rate (5%) and get  it over with.why pay more interest .europe doesnt have any interest on capital.
the advantage would be that 
the actual shareholders wouldnt be disowned and that if push comes to shove we could still get more financing by giving out new shares as required , as we go along .
if we borrow in euros we could gain huge with the crash the currency will suffer because of the pending brexit.
dont forget insanity rules the world.
Not so crazy as it seems .
just seems to me that we got a raw deal.
for whom is this management working? For the next owner or the present one?
Comment by Calgary_AB on Aug 18, 2019 7:17pm
to get cash financing as a loan you need good credit....remember? CREDIT MATTERS... Only sharks would lend Guy the money and 600 mill is way too much even for sharks, too risky especially with curent evidence that Guy can not respect signed contracts....
Comment by materialsgirl on Aug 19, 2019 9:26am
Tcheck; Your sentiment about borrowing in euros and paying back the  debt some years later when the euro tanks is an interesting and valid point of view. One warning aspect is that currencies do not behave rationally. Also, Canada has its own risks, including landlocked oil and a bad future for oil. Also, Brexit may not happen. Also Brexit, if it does happen will have a serious negative ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities