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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 by User

Bullboard Posts
Post by BobbiOreon Jun 10, 2016 12:28pm
310 Views
Post# 24955008

Retail Shareholders

Retail ShareholdersThese Nemaska folks sure know how to stick it to the retail shareholders.  

On March 11, they disclose that they are doing a $13 million financing at $0.34 when the market is at $0.66.  Talk about timely disclosure, they apparently agreed to it months earlier.  WTF;

Today they announce a $1.35 financing which was agreed to days earlier, when the market is trading at $1.69.  Maybe Nemaska management should figure out what "Timely Disclosure" is.  But I guess they don't care.
Bullboard Posts