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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

Comment by mick1888on Apr 19, 2020 4:02pm
93 Views
Post# 30927501

RE:RE:RE:RE:RE:RE:Calgary and I MADE MONEY on this stock

RE:RE:RE:RE:RE:RE:Calgary and I MADE MONEY on this stockTfund - see section 5 (data room), section 12 (Aggregated Bid) AND section 1 (Nemaska can do what the F#ck they want, change the rules as they please) and you may understand what I have intimated.

You seem to imply that any new funding would only come from a single source, please clarify?

GLTA longs

TFSAfunds wrote: mick, you wrote;

Obviously there will still be a long way to go after this as, with the exception of the vultures (who want to buy the project on the cheap), there will be a lot of 'backwards and forwards' discussions to form relationships and possible JV's from potential Strategic and Financial partners. There are numerous potential partners going by the NDA's, and there is an equal mix of Strategic and Financial, so it could be a complicated process to finalise a deal.

SISP - Section 8. Due diligence

8.3  Unless otherwise agreed in writing by Nemaska, no Prospective Bidder and Bidder shall be permitted to have any discussions with any counterparty to any contract with Nemaska or with any regulatory authority responsible for Nemaska or any other Prospective Bidder or Bidder in connection with any bid submitted in accordance with the terms hereof or in contemplation thereof.

mick, question... does this clause not preclude "relationships and possible JV's"? How do Prospective Bidders and/or Bidders even discuss anything with the intent to get Nemaska's written approval to continue discussions? And would the NDA's not make it impossible to have discussions with other parties not involved as Prospective Bidders or Bidders? Bit of a catch 22 isn't it?


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