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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 > who decides the judge or the owner(s) ?
View:
Post by Tcheck on Apr 28, 2020 11:26am

who decides the judge or the owner(s) ?

about what happens to nmx .
can the owner(s) refuse a raw deal ?
i think so ..
who are the decision makers ?
i dont think any one has the upper hand .
so a compromise will be found
Comment by Calgary_AB on Apr 28, 2020 12:23pm
The Judge decides The owners are owned by secured investors. The unsecured investors are not the owners and they only have a word to say when it comes to electing the upper management, unfortunatley the retail made a bad decision electing GB as well as giving him huge salary and bonuses. Right now the retail investor has zero power.
Comment by Takeactionnow on Apr 28, 2020 1:03pm
CCAA proceedings are a process to save as much value as possible.  Without it, legal proceedings would result in a fire sale of assets and dramatic loss of value overall.  The CCAA judge's role is to encourage the parties to find a workable solution permitting the process to be terminated, meaning that creditors are satisfied with what they have bargained for (which is not ...more  
Comment by Calgary_AB on Apr 28, 2020 1:16pm
do you have a link to the stupidnarrative site of yours to read more about this?
Comment by Alcide on Apr 29, 2020 9:34pm
Our group wants to influence how the Nemaska deck of cards will be dealt. I-Q had put its bid of  $130 million and we the 25 000 small investors put in ( with their 508 million shares another $450 million). Who in their right mine would think that we will abandon the poker table with that kind of bid on the table. Who in their right mine would think that we wil throw-in the towel without a ...more  
Comment by Calgary_AB on Apr 29, 2020 11:55pm
How can you say you are not a socialist? You are asking the Gov. to TAX Canada to bailout NMX so you don't lose your stupid investment. Your investment was very stupid to start with. I proved to you for the last 3 years now that it was stupid but you the Socialists believed in it...sorry to say but you deserve it.
Comment by mick1888 on Apr 30, 2020 5:18am
CalAB, in that case all the financial institutions back in 2008 must have had left leaning tendances and a lot of the multi nationals now must be out and out communists. Governments and CB's are bailing out all and sundry, all in the name of Capitalism? Don't make me laugh....;-) Where are the contingency funds that these companies should hold in the event of a catastrophe, oh that would ...more  
Comment by Calgary_AB on Apr 30, 2020 11:10am
Mick, back in 2008 it was Socialism 101...and the same people are pushing for it again....Globalism... The banks should have been let to go bankrupt. It's never to big to fail in Capitalism only in Socialism. and you are comparing World size Banks with a junior from Wabouchian Planet.
Comment by mick1888 on Apr 30, 2020 12:24pm
You do talk nonsense sometimes CalAB.... ;-) The main orchestrators of modern Globalisation in the 80's was Thatcher and Reagan along with multinationals. You re-write history claiming this is a lefty agenda, I cannot imagine the multinationals and socialists getting together as they did.... ;-) And would you allow all businesses to go bust now, because after all just about everyone is ...more  
Comment by Calgary_AB on Apr 30, 2020 1:15pm
It is not about one particular person or persons...It's about mentality overall, republicans and democrats. Globalism is on both sides, corruption on both sides. I'm not re-writing any history, this has never happened before to the scale it's happening now... Globalism was always on their schedule and it's not good for you or I. Your rights will be taken away, watch the news... You ...more  
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