Nemaska Lithium Inc NMKEF

RE:RE:RE:RE:RE:RE:RE:RE:CREDITOR CLAIMS

[mick1888]

As a follow up - Pallinghursts manganese mine (Jupiter Mines) currently has 1.96B Outstanding Shares, SP 0.21AUD and its last dividen was 19.51% (0.04). This profile would in fact be similar to the model they would have with Nemaska if they were the main investor. It is obviously the best business model for them, and you can see why they would still be interested in Nemaska which would potentially operate with a 75% profit margin with great dividends to be had.... ;-)

GLTA longs

mick1888 wrote: TTT I'm not so sure 0.25 is past. NMX have met their side of the bargain by getting rid of the expensive (11.25%) Bonds. The Pallinghurst / Traxys JV has $2B USD to invest in battery materials and as far as I am aware are not in discussions with any other project. That being the case, they in my book are still the leading contenders to take over this project and as they previously stated, taking all parties already involved along with them.

In addition, they have already confirmed it is not their intention to buy out, but to lead a partnership including existing stakeholders. So they have to fund over $1B, even if it has to be 100% equity with no IQ / Govn backing (which is unlikely), this means massive dilution, but the project Nemaska lives on. In these circumstances why would they want to drive down the price (and value) of the company they will control? In particular when you look at the history of their Manganese mine, low share price, substantial outstanding shares, high dividend return(20% +).

I just hope the ousting of GB has not killed off whatever the arrangements he made with Pallinghurst and that the new management are not allowed to derail a deal in favour of taking private?

GLTA longs

TicTacTo wrote: Since that need to refinance $430 millions bonds (principal + interest + penalty) ...

25 cents is past.