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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 > Liabilities
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Post by TicTacTo on Aug 19, 2020 12:30pm

Liabilities

Based on management and the Corporation's consultants' assessment as well as information available, an amount of approximately $93 million has been provisioned for obligations relating to past events that could likely result in a potential payment in relation with the Claims Process. This provisioned amount, in conjunction with the other balances included in the liabilities subject to compromise, is the best estimate of what could be expected to be considered as the potential foundation of a plan of compromise or arrangement to the Corporation's creditors

Comment by Tcheck on Aug 20, 2020 2:00pm
if you were tiktok to you would be banned by president big talk to of the greatest  twitter democracy in the world  : ) you estimate the liabilities at 93 million allthough the claims are in the order of 500 million . claims and liabilities are one and the same thing ,no ? what do you think of the claim of mr cantore ? 100  million for alleged royalties .???? can we take him ...more  
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