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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 > Bought more
View:
Post by Charlene on Dec 12, 2019 10:54am

Bought more

Talked to investor relations.  Seems like there are a lot of discussions are going on between the stakeholders (Quebec, Pallinghurst, Softbank and Orion) right now.  This doesn't mean that it is a 100% chance of a deal before Dec 31.  I am betting on the stakeholder incentives at the current share price and the positive economics of the project. 

Just bought another 20k shares on this weakness.  Up to 310k shares @ $0.19/share average cost.  Good luck everyone.
Comment by TeddyBear on Dec 12, 2019 11:02am
risky but everything could happen, little doubt on PG commitment an excellent deal for them, also an excellent deal for Orion to provide second tranche, but concern by last bloody dip as bet news will happen close to deadline. If additional delay not the end of story but could severely hurst share price temporary. Good luck
Comment by Tcheck on Dec 12, 2019 11:42am
wish i could do the same but i think that if we secure the financing we dont need orion . at least that would be a good thing . necessity is the mother of invention mama mia do something put gb on a reindeer to alaska please
Comment by TeddyBear on Dec 12, 2019 1:24pm
Fine discussion, forget Orion second tranche and get back 2,500 tons with full profit instead to 60% of revenue to Orion, could also cancel it payback $75M + penalties and take back control of 5,000 tons. Perfect discussion, except that means still a LOT of CASH in addtion to C$600M to raise, for those with wait and see approach change nothing for those already invest and most in deep red mean ...more  
Comment by Eric35 on Dec 12, 2019 2:09pm
The management are amateurs. The share price will drop to 10 cents. Sell and move on.
Comment by bigkagan on Dec 12, 2019 4:19pm
Pallinghurst deal any day now, that will bring the SP to 40 cents right away IMHO
Comment by YoDrop on Dec 12, 2019 4:56pm
whatcha smoking!?!?
Comment by phantom666 on Dec 12, 2019 8:56pm
70.0 0.155 0.16 131.0 0.16 -0.005 -3.0 vol 9,193.9 $1,463 #tr1,044 0.165 0.17 0.15 0.76 0.155 15:59:54 Dec 05 15 min RT 2
Comment by phantom666 on Dec 12, 2019 4:26pm
yup scoop up as much as u can. 9,193,900 total shares traded today. A feeding frinzy
Comment by TeddyBear on Dec 13, 2019 10:44am
already almost 20% done, +10K$, could recover within minutes on good news but always same problem with such stock looks cheap but trend is still negative and bottom could be anywhere. During CC in August, PG mention extend delay to Dec 31 but could be faster ... not the case, moreover PG clearly not impressed by finance structure especially bonds cost, if bonds due to be refinance in equity an ...more  
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