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 > Just fruit for thought...

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Comment by Calgary_ABon Jan 12, 2020 9:53pm

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Post# 30544898

RE:Just fruit for thought...

my post January 11 2019...
replece SoftBank with PL or any other entity.
It is actually worse then my opinion in below post...in my post you would have walked with 0.40
reality is you are wiped out 100%

Calgary_AB wrote: If I was Softbank...
I would invest in NMX, agree to the contract of having no vote until either Sep. 2020 or first production...
Keep the SP depressed all the way to 2020, frustrate everybody, keep the price at $0.30 or less...
so let's calculate how it would work out:
I paid 100 million into a pool of 1 billion.
Keep the SP at 0.30 and when my voting rights become active I blame the losses on bad management and put an offer to buy the company and take it private at a premium let's say at 0.40

so NMX has 1 billion shares outstanding that will cost me 400 million and I get a billion dollar company already build and producing...sweet

Important to note: TAKE IT PRIVATE which means the longs will have to take the 0.40 deal and they are no longer shareholders...

I don't want to tell you in 2 years "I told you so" but I am afraid I will...