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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 > sad ending
View:
Post by materialsgirl on Dec 23, 2019 1:40pm

sad ending

I was a pessimist but I did not think that it would come to this.
Sharholders may get nothing or with favourable winds maybe 
3 to 4 cents a share.
It is a sad ending for a company that did create a lot of buzz.

Clearly the buzz was based on false information or on 
incompetent management.

Sad

mat
Comment by TeddyBear on Dec 23, 2019 1:47pm
US$350M and interest payback (chance for bonds to get more almost zero now) Remain C$77M last Q + US$40M  PG is entitled to 12M is deal failed Question - how much is worth mine quite advanced ? Shawinigan building should not be more than C$10M and process/IP will suddenly be worth peanuts. Victor Cantore mention one time mine is worth 1Bds but as anything coming from NMX is unreliable ... ...more  
Comment by Calgary_AB on Dec 23, 2019 1:59pm
I said it before... Have any of you been to an auction on a bankrupt junior? million dollar equipment sells for $1,000 and cost $50,000 to move it... noone will buy a wanna be mine...senior miners will need to evaluate if the drill results are worth anything, if the equipment is even the right equipment to do the job, if the claims are real and have value, if the contracts with First Nations are ...more  
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