Nemaska Lithium Inc NMKEF

RE:Still better to wait

[mick1888]

Nick2 - if you are in this for the long term, getting rid of 11.25% interest Bond and 14.5% Hydroxide sales to Orion via Stream is a positive, as these deals leach money that should be going to the Company. To replace the Bond and Stream, it will add $500m to the already planned $600m Pallinghurst proposal. So to be clear the addition of $500m will most likely increase the expected 2.4B shares (after Pallinghurst deal), but by how much we do not know as this depends on the equity / debt ratio (and SP) for this particular portion of funding replacement. For short term investors, no doubt this will hurt, but in the longer term, it is neither here nor there, the main thing is that the Project will proceed (and be completed) in time for the expected spike in LI price from 2022 onwards. To be honest, I personally welcome replacing the Bond and Stream (if it happens) as this means approx $90m/yr will go to the Corporation rather than outside entities ($40m Bond, $50m Stream), surely this is a good thing. So long term, if there is additional dilution to get this project producing high quality Hydroxide for the early 2020's, we can live with it..... ;-)

GLTA longs

nickto wrote: PG investment seems fine but still uncertainty for bonds refinancing (more shares ?) and risk with streaming agreement, even if little doubt money will get in by a way or an other still risks of additional dilution on tap of already plan +2,400,000,000 shares.