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Bullboard - Stock Discussion Forum Nemaska Lithium Inc NMKEF

Metals & Mining Industrial Metals & Minerals Battery metals
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 Discussion

Nemaska Lithium Inc > nothing wrong with canceling the bonds
View:
Post by Tcheck on Sep 20, 2019 9:12pm

nothing wrong with canceling the bonds

  • Better market conditions: in a low interest rate environment, an issuer can exchange its bonds for ones which pay a lower interest rate, resulting in cheaper debt.
we shouldnt pay more than 2 % (1 %) interest .over 10 % is like getting a loan with a credit card .
in this low rate environment canceling these bonds makes sense .the project carries much less risk since pallinghurst stepped in .the loan is safe .

the company will free a lot of cashflow with this move .



will nmx buy back the bonds ?
Comment by ewaltz22 on Sep 21, 2019 9:53am
they are doomed Tcheck....Calgary said so ...game over
Comment by nickto on Sep 21, 2019 10:33am
This post has been removed in accordance with Community Policy
Comment by ewaltz22 on Sep 21, 2019 10:50am
Just have to wait until production starts and we’ll see then..
Comment by biggerr on Sep 22, 2019 5:41pm
we could have the deal closed this week, if they haven't found out everything by now 2 more weeks won't add anything
Nemaska Lithium Inc