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 > CCAA = Public to Private Tool = Better Outcomes

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Comment by Calgary_ABon Feb 20, 2020 12:39pm

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Post# 30713429

RE:RE:RE:CCAA = Public to Private Tool = Better Outcomes

Charlene,
Tesla raised money to finance they huge RECALS
they don't have 2 billion to give to NMX to make fire and warm up on planet wabouchi

Charlene wrote: Wait, Calgary thinks NMX is worth $1.2 billion? (Telsa would pay $200M in bankruptcy sale, then have to pump in $1bn to get in up and running.) Well, we now know what an extreme pessimist thinks. The optimistic case is they pay US$2 billion to get NMX and make it operational. There are two things that indicate this:
- They just raised US$2 billion
- They are looking to improve their battery/supply chain quality and cost. The annoucement could come at this event
https://www.teslarati.com/tesla-battery-day-event-date/

Perhaps, the truth is somewhere in between the two. Time will tell.