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.

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Nemaska Lithium Inc > Waiting game

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Comment by mick1888on Jul 26, 2020 7:10pm

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Post# 31321572

RE:RE:Waiting game

The reasons for expecting a positive outcome have not changed. As far as the Minister is concerned, it is my belief that he only downplays to reduce existing shareholders expectations. That behaviour is wrong, and imoral in my opinion. He has single handedly tainted the SISP process with his comments, but I think competitive nature of so many bidders have unerved him. The participation of 8 bidders will influence the end result on the positive side and I stil believe the outcome will be around 0.17.

GLTA longs

Ciseaux wrote: I'm expecting the judge to confirm the winning bid this week. Without any auction. I'm also expecting $0 for shareholders even if I'm hoping for 10 cents. Fitzgibbon says it's 0 and since IQ is a creditor, they might know about the bids (as he claims).

I thought Nemaska was worth close to the NAV or close to 25 cents (as Pallinghurst offered). I guess I was wrong. I admit I don't know much about mining companies and takeover.

Luna2020 wrote: There is not much to say at this point, but wait for the outcome. 8 bids should mean a positive outcome. One would think that the claims process is coming to an end. Hopefully, we know this week. Good luck shareholders!