Nemaska Lithium Inc NMKEF

RE:NMX future

[mick1888]

KING GLOATER - aka CalAB.... ;-)

Here's my opion;

1. Bid War betters Pallinghurst offer of 0.25

Thats it..... ;-D

Why else would GB have been ousted (because he was hung up on a single offer from Pallinghurst).... ;-)

GLTA longs

Calgary_AB wrote: here is my opinion on the possible outcomes:

1. No interest on assets sale and company goes bankrupt and never to be heard of again = Retail "LONG" bag holders lose everything

2. One or a group of investors will make a deal to buy the assets for pennies in the dollar (liquidation) and officially close Nemaska possibly open a new private company that can make new deals and contracts the right way = Retail "LONG" bag holders lose everything

Unfortunately I cannot see how it would even be possible for Quebec Gov. to save a company like NMX...even if they wanted to save it, it makes no financial sense to do it.

I see a lot of reasons posted by LONGS:

- LI is Quebec future economy creating jobs and gov will collect tax = my point number (2.) without having to invest and save all the bad deals GB made...

- Gov. encouraged retail investors to invest in NMX and now they need to save them. Governments always praise new businesses that have potential but I don't remember seeing anything where the Gov. actually asked anyone to invest... people concluded that if Gov. invested therefore is secure investment...I have news for you; sometimes Gov. throws money at companies just to keep the economy moving but its not necessarily an investment or a good investment…

Political pressure narrative - so the argument here by a group on FB is that 25,000 shareholders from Qc can change what the Gov. is doing…QC population is 8.5 million, 25,000 represent 0.29% of overall population, not enough to make a dent and there is also the rest of retail investors that need to be saved the same way that do not reside in Quebec but lost money in QC and do you think QC is happy to save them and send money out of QC to the other investors too? so the whole “Political pressure” narrative falls flat.

There is a myth that SH’s will accumulate Proxys and vote on Deals NMX board and management makes… NOT TRUE. SH’s vote on electing board members and management and their pay but once elected those individuals make the day to day operational and company decisions just like GB did not put to a vote the financial deals before deciding which deal to take…It is actually stupid to think that a company would get SH’s to vote on a financial deal company make just like it would be stupid for SH's to vote on giving a customer CREDIT or not...

What many LONGS are saying is they want to vote on NMX going bankrupt or not...accepting or not an offer...
That is desperation at new level and refusing to see reality even when reality hit them in the face. Do you remember when I said; One day you wake up and never know what hit you! ?
Right now LONGS just got hit, they woke up and panic...
I suggest you have a coffee first and wake the f up, then see if you can learn from it...


So either way you look at it NMX is dead and LONGS lost their shirt for Christmas 2019 just like
I TOLD THEM SO!