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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 CanadaCoinon Feb 19, 2019 9:34am
127 Views
Post# 29381477

RE:the deal is done.

RE:the deal is done."Namaska had every right to terminate the deal"

No they don't! They need just cause to break a binding agreement. 

Do they have it? Nemaska says they do, but Livent says they don't. Now a judge will decide. 

Nemaska is now working from a posiiton of desparation, and their decisions may not be all that wise. 


jg75123 wrote: Namaska had every right to terminate the deal, paying the termination fee is smart in this case as they will sell the supply to someone else to raise the oney they need. the deal is done. in a few days we have the $350M and back in business.
noting to see here, just alot of people got screwed out there shares and alot of new investors will get rich.


Bullboard Posts