GREY:NMKEF - Post by User
Comment by
CanadaCoinon Feb 19, 2019 9:17am
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Post# 29381368
RE:7 specialized firms on 7 have price target from 0.50-1.40$/s
RE:7 specialized firms on 7 have price target from 0.50-1.40$/s"The fact the management secured 1.1 BILLION in bonds" Mr. Thunder, can you please provide a press release from Nemaska that states they secured $1.1 billion in bonds? I am aware of $455 million in bonds......but most definitely not $1.1 billion.
Thank you so much!
ThunderKush wrote: All of the institutionnal covering have a 100%+ upside on the stock? Even after integrating the requirement for more money (375m) why?
1) Because NMX has one of the top and most highgrade lithium deposit on Earth (There is currently a race between Japan,US,China, Europe and major contries) to secure Lithium as a major key component in the electrification and robotisation war
2) NMX stands on 325 millions CASH on hand. Excluding 1.1B bonds. Thats means if we were to close the company tooday, every shareholder would received 40.5 cents/shares CASH.
3) The deposit value (part of NMX holders) is valued from 250-750 millions, based on different analysis.
4) If we add up Cash on hands, + deposit value, fair valuation should stands at 50-55 cents.
5) The fact the management secured 1.1 BILLION in bonds, also worth money. Yes this money is conditional to some triggers. But in business, having access to capital worth's capital. De-risk the projet, shows confidences, get closer to revenues stream, etc...
6) NMX has SoftBank as tier1 shareholders. They invested 99 millions at 1.11 CAD/shares. This is the most wealthy funds of the techno space - in the world. They are positionning themselves for 2025-2035 mega shift for all related to technologies, electric, automation, robots, etc.
They have 100 BILLIONS USD in asset under management. THey can easily pull more money or team up with partners to finish the financing. THey already have a seat on the board of NMX
7) Soft bank already secured dozens of deals with the 20% of outputs they secured with NMX as premium purchasers, this is valued over billions in revenues for them, they cannot miss that potential.
Ignore the noise, see further than next week. Understand this news from yesterday will :
a) Implie a part of further dillution, either of the capital or the asset
b) will get solved very quickly
Everything is lined up for NMX. Provincial gvt is pro business, Lithium prices botommed and going up, production is expected LATE 2019. Even if it's in 2020, it's close to be a money making machine. Investors will consider that to support re-injecting capital.
Sorry for thoses who sold yesterday.
Still time to re-buy.
You will regret this in few quarters it will get back over 1$ in my opinion.
The combined net value of the deposit with the geo-political strategics background of such asset makes it a ''must hold'' for serious funds aligned in the techno sphere. IMHO
Thanks
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