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Bullboard - Stock Discussion Forum 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.

GREY:NMKEF - Post Discussion

Nemaska Lithium Inc > google translate
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Post by materialsgirl on Oct 03, 2019 1:48pm

google translate

 
Repayment of obligations No final agreement with Pallinsgurg until the bond repayment file is settled, which could take several months. The repayment of the bonds before September 13th in the agreement or not. A NMX to reassure shareholders.
 
Comment by biggerr on Oct 03, 2019 2:00pm
NMX has no money, all the bonds will be paid with Pallinghurst money anyway
Comment by happy2b on Oct 03, 2019 2:23pm
Or possibly Investissement Qubec?  Thoughts?  
Comment by mick1888 on Oct 03, 2019 5:26pm
A potential further IQ investment (hopefully low interest debt) will hopefully offset the bond. Don't forget Pallinghurst / IQ / Qubec Gov had DINNER pre Bond cancellation announcement.... ;-)
Comment by phantom666 on Oct 03, 2019 4:01pm
mgirl and biggor do some reading first..."Since the proceeds were held in a trust account and the corporation could not access them at this stage, the set-off and related prescribed reimbursement of the bonds has certain positive implications for the corporation in the short term by allowing it to save payment of interests on the bonds. The savings on interest, coupled with the capacity to ...more  
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