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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 > What potential to list on TSX-V
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Post by mick1888 on Jan 23, 2020 6:24am

What potential to list on TSX-V

to save retail investors, then re list on the TSX or FTSE when in profit a few years down the line ... ;-)
Comment by Calgary_AB on Jan 23, 2020 9:28am
mick, you imply like NMX will be in Profit in a few years... it is misleading... use "IF" not "when" Hopping to be right and be profitable does not make it for sure profitable. Actually in my opinion it's 99.999% done...only a miracle from GOD may save it...but even God would have to change the CEO management and board before he consider saving it. current retail investors ...more  
Comment by mick1888 on Jan 23, 2020 9:38am
CALAB you may, or may NOT be correct (you've done ok so far)... ;-) But I've got to get it correct at least once, and let's hope it is the main one, the last one (achieves all goals with retail intact)..... ;-D GLTA longs
Comment by Calgary_AB on Jan 23, 2020 10:18am
mick, I really hope that 0.001% wins and somehow people can at least get read of some of their shares and recoup some money I have looked at various possibilities and couldn't see a solution. I hope I'm wrong one time. The only one possibility I see a possibility to sell the shares on pink sheets in US. Life always gives a lesson...I tried to open people's eyes early enough and I did ...more  
Comment by phantom666 on Jan 23, 2020 11:17am
The Corporation may apply for relisting of it’s common shares on the TSX after exiting the CCAA process.
Comment by dandu1924 on Jan 23, 2020 11:55am
The lithium sector is not in good shape for example Galaxy Lithium Resources has reduce   60% of their operation  because the lithium prices are down 16% to 19%. So good luck to NMX  to continue with all the negative  factor. Just my opinion, another case like SWY.
Comment by TeddyBear on Jan 23, 2020 10:25am
Do you still have feedback from NMX IR ?
Comment by mick1888 on Jan 23, 2020 7:55pm
Yes I do TeddyB, here is an extract from my last correspondence; What happens now with the shares?  The shares will remain suspended from trading. The Corporation may apply for relisting of the common shares on the TSX (or TSX-V) upon emerging from the CCAA process, as the case may be. This matter will be further discussed with our legal and strategic advisors, among other ...more  
Comment by TeddyBear on Jan 24, 2020 6:07am
As write it assume true it is plan of management, but failed on so much (cost estimation, PG deal, Bonds negociation, ...) that take it more as a wishful thinking.
Comment by mick1888 on Jan 24, 2020 6:29am
We will see soon enough TeddyB.... ;-)
Comment by TeddyBear on Jan 24, 2020 7:20am
Bet end of March/April will be more clear, trial in 4 weeks for Nordic and at least one month for judgment, even if probable appeal will provide first evaluation.
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