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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 Takeactionnowon Jul 11, 2020 3:47pm
110 Views
Post# 31255945

RE:RE:What are the chances of getting some of my money back

RE:RE:What are the chances of getting some of my money backWhile I have written my investment expectations down to zero so as not to be disappointed, my view is that existing shareholders have a more than 5% chance of getting something. With eight bidders in the picture and the strong position occupied by government (issuer of permits, power contract, additional investment) in particular, my view is that the odds are more like 60/40 in existing investors' favour.

Ciseaux wrote: And I would say 5% chance of getting 15-20 cents per share. 80 to 90% of getting $0.


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