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Nemaska Lithium Inc NMKEF

Metals & Mining Industrial Metals & Minerals Battery metals
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

Nemaska Lithium Inc
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Comment by CozmiqManon Jan 12, 2018 5:22pm
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Post# 27346164

RE:Price of warrants, need explanations please

RE:Price of warrants, need explanations pleaseHere are the conditions.

https://www.nemaskalithium.com/en/investors/press-releases/2016/8962172f-3741-4019-a408-d49b133a9258/

Jeffrey12 wrote:
Hi, question regarding warrants: If I understand correctly, NMX has warrants selling at 0.68$ on jan 12. The warrants permit the purchase of 1 share at 1.15$ per share. Total purchase price if I excercised the warrant becomes 1.83$. Why aren't people buying that instead of a share trading at 2.08$ Can someone also enlighten me as to why everyone refers to 2.25$ as being the warrant exercise level? Thanks kindly for your help, I really believe in this stock. Jeffrey


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