Nemaska Lithium Inc NMKEF

RE:RE:RE:on the side but

[Steamo]

Yes to everything you said but no, I'm not changing my scenario.  The poor communications surrounding the financing and the terms of the financing itself may well drag the stock down in the short term.  But it will quickly rebound because the bigger picture is you'll have a well-financed company on its way to producing massive amounts of lithium with their proven, patented low cost methodology.  That's the scenario.  

simc1 wrote:

Steamo wrote: My sense is that NMX already has a deal in principle with a particular company.  The updated feasibility study was probably requested by the investor and was also the reason for the increase in the size of the ask from $500 mm to $800 mm.  I really doubt that was NMX's idea.  So it's going to happen, but it just takes time to get all the due diligence and paperwork out of the way.  People often underestimate how long that takes.  In the meantime the stock could drop further, and the final pricing may disappoint.  But if that happens it's just another buying opportunity, as was the case with the drop after last summer's bought deal, when it fell below $1, then rallied to above $2 in the space of a few months.  Wouldn't be surprised at all if we see that scenario repeat itself.

If what you say would be true that would just be proof of bad NMX management since it was expectable that the SP would drop on that announcement without any concrete news on financing. That id also making the 3 months average drop, thus granting the particular company a lower price per share when the financing will be announced, meaning more dillution for shareowners. Are you changing your mind on that scenario ?