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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Jupiter, an existing Pallinghurst Investment
View:
Post by mick1888 on Oct 21, 2019 6:29pm

Jupiter, an existing Pallinghurst Investment

this is what you want from a partner. They aquired 49.9% stake in this project in 2007 and look what they have delivered;

Pallinghurst took Tshipi through the development stages from pre-feasibility through to completion, ramp-up and to steady state production. Tshipi is now one of the world’s largest, lowest cost and most valuable manganese mines, with over 100 years of resources. The mine is highly cash generative and has repaid approximately twice the capital cost of the mine to shareholders, via share buy-backs and dividends, within just 5–6 years of being in production. Pallinghurst relisted Jupiter on the Australian Stock Exchange in 2018 at a market capitalisation of US$600 million.

A further US$100 million in dividends has been paid since the IPO and the current yield of over 20% per annum is one of the best mining stock yields worldwide.

For the year ended 28 February 2019, Tshipi achieved exports of over 3.5 million tonnes, its best ever annual sales volume and the company reported EBITDA of ZAR5.8 billion.

VERY SIMILAR IN A LOT OF WAYS TO THEIR INTEREST IN NMX.... ;-)

GLTA longs

Comment by Tcheck on Oct 21, 2019 7:39pm
you dont get it mick . you need to be impeached .(joke) gb is also  director of  nouveau monde graphite who benefited from a investment from pallinghurst. by miracle pallinghurst comes to the rescue of nmx who doesnt need them by the way  . speak of a bias .gb is biased .this is insider dealmaking . gb has to look for all potential investors and all possibilities not those who ...more  
Comment by mick1888 on Oct 22, 2019 6:00am
Tcheck - a lot of people tell me on this platform 'I don't get it'. I sometimes wonder if it's me, but then it comes back to me - it's the short term gamblers that don't understand the meaning of long... ;-D Have a great day and enjoy your new Government, hope they're better than the self serving lot we've got.... ;-)
Comment by CanadaCoin on Oct 21, 2019 8:06pm
"this is what you want from a partner. They aquired 49.9% stake in this project in 2007 and look what they have delivered" What?? A $600 milion company in 12 years?? 20% Dividend?? Sure, when the stock price crashed late 2018. But today it's 6%.  Mick, are you truly excited with Juniper's 2 yr performance since relisting?? The Chart speaks volumes. I don't know why ...more  
Comment by mick1888 on Oct 22, 2019 1:22am
Lol....CanadaCoin Yes, I am excited about a partner that returns money to their shareholders, in particular when the steel industry is in the doldrums as it has been for the last few years. It's not all about the share price.... ;-) And by the way, they returned 25% of EBITDA in the period between listing and now....;-) Now if you were long, you would be as pleased with these potential ...more  
Comment by CanadaCoin on Oct 22, 2019 7:54am
Seriously Mick, you make it sound like Pallinghurst turned all their Juniper shareholder and investors into millionaires.  20% Dividends! 25% EBITDA! $600 million market caps! Share buybacks! But the truth is, Juniper's stock price today is $0.35, and it IPO'd several years ago $0.40!  I'm sure their pre-IPO investors became rich, but once again, the post IPO retail ...more  
Comment by mick1888 on Oct 22, 2019 8:15am
:-D.....amazing CanadaC....lol Since when does April 2018 translate into several years....;-D...and during the period April 2018 - Feb 2019 the project achieves an EBITDA $400m and pays 25% ($100m) back to shareholders. This all done during a downturn in the steel industry (hence the SP). And as for your expecited return of 6%, this is only an analysis GUESS for future. The FACT is that between ...more  
Comment by CanadaCoin on Oct 21, 2019 8:26pm
That's great Mick, but Nemaska's pre-feasibility stage was over six years ago. Pallinghurst can't go back and change history here.  There is a huge difference between Pallinghurst taking a small explorer back in 2007 to a sucessful mine.......and coming in during a major cash short fall halfway through the Construction Phase of Nemaska. Juniper probably only had a 20 million ...more  
Comment by mick1888 on Oct 22, 2019 1:36am
Agreed, dilution not great whatever it's going to be here on in CanadaC.... :-/ But, less high interest Bond to pay back and less milking off the sales from the Stream, then the more profit available to address the dilution.... :-) l assume you did note on my previous that Pallinghurst was into buy backs with Jupiter.... ;-)
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