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Nemaska Lithium Inc NMKEF

Metals & Mining Industrial Metals & Minerals Battery metals
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

Nemaska Lithium Inc > After pumping C$100M to SB
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Comment by TeddyBearon Jan 13, 2020 12:28pm
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Post# 30546806

RE:RE:After pumping C$100M to SB

RE:RE:After pumping C$100M to SBAbsolutely FALSE !!!

PG was ready to put C$600M but a condition for PG to invest was NMX able to use US$350M bonds (take 5 mn to read legal paper clearly mentioned).

C$877M is just CAPEX and need also OPEX (working capital), probability not able to raise +C$1Bds with such an imcompetent team is high, judge will let them time to flip flap but say want to be efficient , time will be short and could end bankrupt.

Even if not BK probability for shareholders to get pennies minimal
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