Nemaska Lithium Inc NMKEF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:PWC assignment page

[Calgary_AB]

read your post below mick...
Were you brainwashed? how stupid are you?

mick1888 wrote: CalAB... you were sometimes right, and sometimes wrong.... ;-) does that make you feel good.... ;-)

As far as NMX never coming back, it's not went away yet so you are a bit premature... ;-)

Think this means when you start talking about NMX in the 'present tense' again then we've got over this current hurdle.... ;-)

When NMX do get their new financing fixed out, and I'm sure they will, it will take a while for them to build and come into profit, and I'm sure they will, then they contribute to my pension....;-) and I'm sure they will..... ;-)
The down side is that I'll have another couple of years of your negativity before I can say....I TOLD YOU SO..... ;-D

GLTA longs

Calgary_AB wrote: mick, anyone trying to argue and prove NMX has any life in it is not only brainwashed and asleep but also very very dumb...

NMX will never come back nomatter how much you would like it to...
I TOLD YOU SO and you said in 2 years you will ripp the rewards and get a dividend...
I told you it will never happen and the chances of it go bankrupt are better than SP go up...for some reason u thought I was kidding...well here YOU are

CAN YOU ADMIT I WAS RIGHT AND YOU WERE WRONG?
Including Brexit, I admited I was wrong of it happening by end of Oct but it will happen by end of Jan...so I was right with a delay...

Same thing on NMX, I am surprised it lasted this long....again right with a delay...I guess I am way too good...way too advanced warnings that I gave you...I gave you lots of time to get your s.hit together and you missused that time...

Anyone remember in my every post for last 6 months at least???:

IF NMX gets the financing it will be HUGE DILUTION, If they don't get financing they go bankrupt...

WTF Mick?! Wake up!!!

mick1888 wrote: This contract completed.... ;-)

Calgary_AB wrote: here is oone more Mick...just for you...
https://www.nemaskalithium.com/en/investors/press-releases/2016/9afa01be-53e8-44b3-b71c-0155514ab1fa/

Future production promissed little by little and probably for very little profit...GB had to bend backwards to get money so he can pay himself millions....future production that he can't deliver, all those little deals will come back to bite him

mick1888 wrote: Sorry again CalAB, but you should really check before making statements in print. Some people actually believe what you are saying.... ;-)

Again I'll state that the only up front payment NMX received for an off take as far as I'm aware was FMC / Livent which has now been cancelled (under litigation). The remaining off takes are LOI's without payment. As for as available production that does not come under an off take or Stream agreement, the last I checked it was 35% and this will increase after today when the second tranche of the Orion Stream is cancelled (an additional 7% of sales).

I would also say on the off takes, it wasn't all that long ago that the media, mining and investment industry was singing the praise of these deals. What has changed?

GOT LITHIUM.... ;-)

Calgary_AB wrote: not going to go look for the nr's but I am pretty sure they got paid...and I am also pretty sure it's a big part of the production promissed already....that to me is not giving to NMX any open inventory to sell...
and if they sold it for no profit or very little proffit then there is not much left for NMX to be interesting for anyone...
don't know for sure but you can go check...

Happy New Year!

mick1888 wrote: Sorry CalAB, cannot buy it that an off take can be classified as a Stream. Doubt very much actual monies changed hands in the off take agreements, they are more like LOI's for future contracts. Don't you think NMX would have been highlighting how good they were if they got money up front for each off take agreement? Just as they did with the FMC one which is cancelled and now at litigation (anyone have an update on this?).

I personally think it is only the Bond situation that is a blocker to any deal, and in my opinion this could easily have been avoided with an out of court settlement (poss still happen). Surely based on the current situation, and with so much at stake, all parties could have got together to come up with an amicable agreement with the Bond Holders? Still time though as this is not due to come up to trial until late Feb.... ;-)

GLTA longs

Calgary_AB wrote: Mick, all off takes can be viewd as and not classified as Streams
NMX collected money, spent the money and now they have to deliver to pay back...contracts never specified the price they promissed to deliver at....is there profit left?
Based on what I know so far, GB was not smart enough to make sure there is profit, he only cared about getting the money in at the time when he needed the funds...Pay later/or nevermind

mick1888 wrote: CalAB, could you please confirm which Streams (BAD) you have an issue with? As far as I can make out, at the moment there is only one BAD Stream which is the Orion first tranche $75m, the second tranche $75 will not come into affect tomorrow. This entitles Orion to roughly 7% of future sales. NOT THAT BAD?

Please confirm others?

Thanks.... ;-)

Calgary_AB wrote: Lets assume:
1. Nordic bond will be resolved at no extra cost.
2. Management changed to capable one.

3. the past damage made by bad management decisions will be a burden...
streams, penalties and cash burned already by bad management this can not be undone.

To refinance the already burned cash is the hardest. To undo bad streams and deals also very hard to refinance.

and all that assuming the first 2 are easilly done...third one makes it impossible.

Charlene wrote: It is the Nordic's bond trustee's secured first claim of $100M US that is impeding efforts to raise capital.  If that is thrown away, then it makes it a lot easier to invest.... this is true for Pallinghurst and/or other investors.  If it isn't, then the situation gets more grim.  My investment and other retail investments go down the toilet. 

The DD done by Palinghurst did not point to any technical weaknesses.  The two bad financial decisions 1) Nordic bond 2) poor project management.   If and when 1) is resolved, any smart investor will ask for serious management changes as part of any new investment.  

At that point, NMX becomes a great stock again.  It would also help if the Li market condidtions improve in the next 3 months or so. There is a path to great returns.  There is also path to bankrupcy.   Good luck all.