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.

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Nemaska Lithium Inc > Going from bad to worst

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Comment by Calgary_ABon Nov 07, 2019 2:25pm

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Post# 30323057

RE:RE:Going from bad to worst

previous financing took almost a year longer than expected... the rose glasses were saying exactly the same thing...complex financing takes time blah blah blah...wrong...good company with good product gets financing done fast...no one is jumping to loan money to NMX and that is why it takes so long...when are you guys going to understand?

when the receptionist is the only person employed in NMX the so called LONGS will still hang on just in case the phone will ring and someone will offer a billion dollars to save them...

in the main time lets copy and paste links about the EV revolution and ignore the facts...implying that someone will actually call the only employee left (the receptionist) and ask where Guy is so they can hand him a billion dollars...

sugestion: stop searching google only for positive try searching google for some negatives and then you will be able to get a better idea by balancing the two...

I TOLD YOU SO!

mick1888 wrote: 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.