Nemaska Lithium Inc NMKEF

RE:Going from bad to worst

[mick1888]

Nonsense....takes time to negotiate on so many fronts (equity, debt and existing bonds stream) and with so many partners (Pallinghurst, IQ, Softbank, Government and management). In particular so many of the partners have already stated that they must take their time to get this right. Patience is a virtue people, cool it and we'll see the benefits soon enough..... ;-)

GLTA longs

felker04 wrote: We have to be honest. Nothing is coming out good for the company and the shareholders.

The financing is a complete failure, and the best they can come up with, is still really bad for investors.

It looks like we are going to loose everything and maybe some investors will buy the crumbs for almost nothing.

The Minister Fitzgibbon is kind of sleeping on this one I think, a lot of talking, but it looks like he is waiting for the Pallinghusrts group to take it all for almost nothing.

The financing part has been a complete failure almost since the beginning. The timing and pricing was bad, and their cost evaluation was worst.
It is a self infllicted wound.
It seems like they will go bankrupt in the next coming year and the Government will stand blindly.