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 > New information in context

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Comment by Calgary_ABon Aug 21, 2020 4:55pm

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Post# 31440294

RE:New information in context

small cost?
LMAO
You are a dreamer...
We will see

Luna2020 wrote: The recent Fitz comments reveal the following new information:
- Orion gets 60% of Li price for 5,000 tons of lithium. Opportunity cost for NMX of this clause is $36 million. This is probably already in their claim.
- Softbank gets an undisclosed discount on 20% of production

Old news:
- Fitz doesn't know what the other offers are.
- He is jutisfying why the government didn't step in to help Pallinghurst prevent the CCAA process.

The 60% discount is making headlines. It is unnecessary as it is a relatively small cost. This was known to the bidders. There is qualified 8 bids. And we will know the outcome soon.

https://www.lapresse.ca/affaires/2020-08-21/nemaska-lithium-une-patente-a-gosse-comme-montage-financier-dit-fitzgibbon.php