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 > No conspiracy with NMX

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Comment by Calgary_ABon Dec 11, 2019 9:25am

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Post# 30443186

RE:No conspiracy with NMX

retail that bought in at $2.00 will never recover the losses...
retail that get in now and if they get financed may be able to get the value in time but not make any money...If NMX gets financing will be HUGE DILUTION and CONSOLIDATION that will allow for more future dilution...

I see NMX as a cash burning machine for years to come if they get financed, if they don't get financed it will be a quick death...

TeddyBear wrote: but for retail no way to trust management, sell soap since years.

Do not mean project will fail far from that, mine is well advanced, material on site, but C$600M not enough, need 350M US to refinance bonds maybe second stream tranche of 75M ... a lot of cash.

PG in any case will make an excellent deal for first C$400M will own almost half of project and just mine is worth 1Bds.

But remain risky for retail, not for PG as in first CC seems at ease for bonds refinancing, but could still dip to 10-15 cents, no certitude PG and NMX will extend end dec deadline and nobody knows how they will refinance bonds.

Retail represent little and will represent peanuts after full funding.