Nemaska Lithium Inc NMKEF

RE:RE:RE:RE:RE:RE:RE:RE:RE:Bought deal and reverse split questions

[HabberPlease]

Well, it’s not as if they were from scratch… they already built a working demo plant.

Also, the project is very well financed so there shouldn’t be any cash flow problem while construction is underway… 240M for the mine, 460M for the Shawinigan plant and the rest of the 1.1B reserved for 30 months worth of bonds interests, contingencies, financial fees and working capital.

Sources and Uses of Funds for the Whabouchi Project Completion

Sources	C$ million1	US$ million1		Uses	C$ million1	US$ million1
Offering and Contemporaneous Private Placement (gross)2	360	277		Remaining Whabouchi Mine capex4	239	184
SoftBank Private Placement (gross)3	94	72		Whabouchi Mine capex contingency4	30	23
Bond Offering (gross)	455	350		Remaining Shawinigan Electrochemical Plant capex4	462	355
Stream Facility (gross)	195	150		Shawinigan Electrochemical Plant capex contingency4	70	54
				Interest costs5	128	98
				Cost Overrun Account6	40	31
				Transaction costs7	48	37
				Working capital8	87	67
Total Sources9	1,104	849		Total Uses9	1,104	849

Notes:

1. Based on exchange rate of US$1.00:C$1.30.
2. Offering proceeds are calculated assuming no exercise of the Over-Allotment Option.
3. A total of C$99.075 million was placed into escrow. Assuming the completion of the Offering and the Contemporaneous Private Placement, it is expected that approximately 4,731,435 subscription receipts pursuant to the SoftBank Private Placement will be cancelled and approximately C$5.298 million of the escrowed funds from the original C$99.075 million will be returned to SoftBank at the time of the SoftBank escrow release, resulting in an aggregate of 83,729,011 Nemaska Lithium common shares being issued to SoftBank and an aggregate gross proceeds of C$93,776,493 released to the Corporation (assuming no exercise of the Over-Allotment Option).
4. Remaining capital expenditures as at December 1, 2017.
5. Based on a 11.25% coupon covering the first 30 months of interest payments starting at the closing date of the Bond Offering.
6. Required under the Bond Offering. This amount will be placed into an escrow account and can only be used to fund permitted capex increases made to the Whabouchi Project master control budget or until the completion of the Whabouchi Project.
7. Transaction costs include the aggregated estimated fees and legal fees associated with the Project Financing Package.
8. Capital expenditures from December 1, 2017 to March 31, 2018 have been deducted from the working capital. The amount also covers for corporate general working capital needs of the Whabouchi Project and for other corporate general working capital needs.
9. Excludes any expected revenues and related production costs in relation to the sale of spodumene concentrate not required by the Shawinigan Electrochemical Plant during its construction and ramp-up period that the Whabouchi Mine would be in a position to sell.

Plus, the management should be well chaperoned under the supervision of an independent engineer and lots of engineering firms as consultants…

Consultant Service Contracts :
- ProjectManagement Consultant (PMC) Contract with L Nardella Associates
    Provision of project management and delivery services
- Engineering Services Agreement with Hatch Ltd
    Detailed Engineering agreement for the engineering for the Shawinigan
    processing plant facility.
- Engineering Services Agreement with DRA Americas Ltd
    Detailed Engineering agreement for the engineering for theWhabouchi
    mine site.
 
Equipment Supply Contracts
- Engineering and supply of electrical/Control equipment contract with ABB
    Agreement for the supply and delivery of engineering and equipment
    for all electrical and control aspects for both theWhabouchi mine site
    and the Shawinigan processing plant facility.

https://www.stockhouse.com/companies/bullboard/v.nmx/nemaska-exploration-inc?postid=28064018

Calgary_AB wrote: I am still here because of NMX potential...NMX does have a huge potential and a lot of good things can happen, however I got burned before by beliving people like Anon and they did make sense at the time... does anyone remeber NEXUS facial recognition? I still have shares but the company dissapeared, yet every airport is using that software...
Getting burned is easy, seeing the red flags is sometimes imposible, I am bringing up the red flaggs I see...from here you take it the way you want, but some members here can not take a post if it has negativity in it, yet look at what the management is doing....a few weeks ago I posted dilution coming, I got bashed for it..."Guy said no dilution" in his NR's....well look at results, from 2.40 to under 1.00 still believe "No Dilution" BS?

Who here believe NMX will be on time and on budget with the project?
Who here believe NMX will have a few entry points before p[roduction as well as after production starts?
Do you think financing was all NMX needed? I believe NMX need a capable management team that can keep promisses.