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Nemaska Lithium Inc NMKEF

Metals & Mining Industrial Metals & Minerals Battery metals
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

Nemaska Lithium Inc
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Comment by mining28934on Apr 17, 2019 5:26pm
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Post# 29640998

RE:RE:RE:RE:RE:Management team

RE:RE:RE:RE:RE:Management team
Thw lower the stock price is, the harder it is to get the financing. To need 375M with a market cap of 250M is certainly not attractive. If I go to the bank to ask for a morgage of 400K with a house evaluated at 250K and considering that I have others significants others debts, there is a high change I will not get it even if I try to convince them that I paid more for my house....Add to this that the major with the capacity to finance are probably not in a rush to finance knowing that Nemaska is about to run out of cash in a couple of months. This does not look good
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