Nemaska Lithium Inc NMKEF

RE:Sofbank deal

[HabberPlease]

HELVETIC1292 wrote: That's my personnal opinion, but If I was part of the NMX management team I wouldn't go try to get some investors involved if I had no supporting documents and factual infos to convince them to get in the project. What I mean is that I'm pretty sure GB had some kind of bank pre-autorised debt financing to approach the investors. Without it it wouldn't be serious...I'm sure Softbank don't want to loose any of their time on a weak projet. If they signed a deal it's because they have been convinced some how.

Also, if I'm right FMC & Johnson Matthey had a deal together for about 50% of the futur production and now Softbank with 20%. That leaves about 30% to sale which is going to be easy. Right there these are good arguments for the bank who's financing.

As of Orion financing this project, it seems that 350 + 150 millions is something they are used to. So yes I'm really confident. Can't wait to have the news so we can look at the SP goes up!

Looks like both their offtake agreements would total 40%... (the entire article is a nice read but the info can be found at the end)

https://canadianews.org/shawinigan/2018/04/08/267174-softbank-group-to-acquire-9-9-of-nemaska-lithium.html