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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.


GREY:NMKEF - Post by User

Post by mick1888on Jan 02, 2020 7:55am
296 Views
Post# 30510231

Facts don't change

Facts don't changefrom Pallinghurst perspective;

“The Corporation’s sustainable approach to the mining of its world-class deposit combined with the use of innovative value-adding technology sets Nemaska Lithium apart. In our view, Nemaska Lithium’s lithium salt will rapidly become one of the most sought-after battery materials globally.” said Arne H. Frandsen, Co-founder and Managing Partner of Pallinghurst.

and from a recent email received from Nemaska;

Yet, it is not necessarily over. Discussions may continue with Pallinghurst and a deal could be negotiated and achieved under the CCAA, if the terms and conditions are appropriate for both parties, and in the best interest of all stakeholders. We will continue to work to complete our financing efforts under the supervision of the Special Committee and the Board of Directors in consultation with our professional advisors. We will provide an update on these matters as additional information becomes available.

and so you see fellow retail investors, I am not down regardless of the doomsdayers with alternative agendas, gloating nasty personalities or sick sense 'need to be correct'. IMHO we still have a decent 2020 to look forward too, maybe not as rosy as it was, but a future regardless.... ;-)

GLTA longs


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