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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 Ciseauxon Jul 15, 2020 10:52am
121 Views
Post# 31270471

RE:RE:RE:Drivers seat again

RE:RE:RE:Drivers seat againLike CrazyProphet said, I hope you are right!! On my side, a 50 cents buyout would be a huge surprise, even if ALB & SQM stocks are up (they could be down in a month).

We should know next week!?


Luna2020 wrote: Politicians say things that have to be taken with a grain of salt... :)   It was during negotiations.  My guess is he was promoting an offer from a financing group (maybe PG) who wasn't offering shareholders that much (e.g. $0.05/share).  That financing group is competing with other offers (e.g. buyout).   Or maybe he didn't know all offers on the table.  He later signaled that they will throw $200-$300m in and maybe collaborate with any group.  Which is positive.  Perhaps that is why they extended the bid submission date to July 10... so that other groups can collobarate with IQ.    

All I know is the Li market is hot right now.  NMX is attractive for many reasons (e.g. relatively short time to production, high quality, located in North American).  So, the interest will be significant.  My guess a buyout offer between ($0.50/share - $1.00/share).  Time will soon tell.  Good luck, shareholders! 


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