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 > My guess ...

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Comment by mick1888on Aug 10, 2020 6:36pm

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Post# 31390005

RE:RE:RE:My guess ...

Ciseaux, like you, I have a large number of shares, and it was always my intention to be invested in this project for a long time. My expectations have changed, the timescale remains the same, but the reward has changed dramatically. Only time will tell what the long term reward will be, any announcement this week will only be the start of the beginning..... ;-)

GLTA longs

Ciseaux wrote: Mick, between a lump sum and shares of a new company, I would take the one that gives me the most money per share today. If that's the lump sum (buyout), then that's ok with me.

mick1888 wrote: I've always admired your optimism and enthusiasm Charlene.... ;-)

I too believe there will be a successful outcome for existing investors, but there are many paths this may follow. My preference is to stay part of the project which could possibly be achieved via a share swap with a new owner, or there are numerous other options. But the main thing for me is to still have the opportunity to grow with the new company.... ;-)

GLTA longs

Luna2020 wrote:
I have been saying this for some time- my guess it is an acquisition by a VC or estabilshed Li company. NMX doesn't have a management team anymore. So, the new NMX will need one. The financing option requires hiring new management.

Existing shareholders get $0.50/share - but, it really depends on how heated the bidding gets. We should know this Friday.

This uncertainty can create a lot of doubt. Have faith in the fundamentals of the project and the future of Li. There are no conspiracies... :) Who benefits from these consipiracies? We weren't able to get funding last year because of the exclusive Pallinghurst agreement, the toxic Nordic bond and the management team with a bad history. These are no longer issues. Also, the valuations of Li miners is up significantly from last year.

The only negative has been the fees paid for restructuring. But, there has been value as it bought more time, cleared the balance sheet, and faciliated the new financing.