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

Nemaska Lithium Inc > Fitzgibbon «complètement indifférent» à l’actionnariat NMX

<< Previous

Bullboard Posts

Next >>

Comment by mick1888on Jun 25, 2020 1:57pm

105 Views

Post# 31191432

RE:RE:RE:RE:Fitzgibbon «complètement indifférent» à l’actionnariat NMX

In addition it would also mean IQ and Softbank would also lose 80 & 100m respectively. It would not make any sense whatsoever for IQ to invest 200 - 300m AND at the same time forfeit 80m. That would just make a mockery of what they were trying to achieve in the eyes of the public (and the press).

Takeactionnow wrote: A perfectly plausible scenario, for sure. The problem is that eliminating existing shareholders affects the Nemiscau Cree too. I know what I would do if that suggestion were made!

Ciseaux wrote: I wish the odds would be 50 or 60%!!
My guess is that Fitzgebbon knew that NMX was certainly worth 0$ when his hairdresser told him he had shares, but could not say anything because of confidential information. In the discussions with Pallinghurst, it must have come out that the deal could not go through and that this would end up where we are today.
IQ could invest another 200 or 300M, but that would be with the new investors (not increasing the bids so that current shareholders get something - he was very clear on this when he said we would be crazy to expect the government to increase the bid only so that shareholders get money).