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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
Comment by Steamoon May 15, 2018 3:31pm
331 Views
Post# 28034707

RE:RE:Don't be impatient

RE:RE:Don't be impatientAt this point, you’re just bellyaching because the stock price is going down.  I too had my doubts about this company - when they failed to deliver the financing in Q1 as promised, I sold all my shares.  But I bought back in as soon as the Softbank deal was announced - after having read up on what Softbank was up to, I could tell they finally had the dance partner they were looking for.  And since then there have been at least three positive new announcements in quick succession:  the $150mm Orion streaming deal, another offtake agreement and the pricing of the $350mm debt deal.  Now we’re just waiting on the debt deal to close and the final equity raise and we’re off to the races.  The market I think is trying to price in the expected price of the equity raise - but that will have little bearing on the stock price long term.

timeoutofmind wrote: patience yes. stupidity, no. this ship is sailing .... how many times and in how many ways does this management have to demonstrate their utter lack of ability, and credibility ? have you ever had a job, anon ? ever run a business ? have you ever seen a company fresh out of momentum and ideas and possibilities ? you're looking at one --- and the incredible part is: it has taken true stupidity to blow an opportunity this big. 


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