Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Tcheckon Jan 15, 2020 3:04pm
162 Views
Post# 30556943

If we dont want to lose all

If we dont want to lose allWe have only one option i think .it is to sell the equity we have for the 400M we paid for it .
that is roughly the value that is left in the company.
all else would be catastrophic and lead to us being drowned in new equity funding .
if we dont get a loan there is that much more to finance by the sale of equity .
in that scenario we better opt out and hand over our stake  to the new victorious player.
the idea that we can benefit by staying in is ludicrous .
we have to negotiate a price for our ownership and  negotiate our departure .this is not what we were buying into anyways.

IQ only thinks how much they will gain in taxes if the project goes ahead .
and how much they will lose if it flops .
they dont care about lithium ,ev, batteries or quebec for that matter.
oh yes they also think about their salaries .i forgot.
thats only talk.
Just my opinion based on flip flopping fitzgibbon.

<< Previous
Bullboard Posts
Next >>