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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 > Cooler heads will prevail
View:
Post by Nordiques on Dec 23, 2019 9:20pm

Cooler heads will prevail

From Les Affaires : https://www.lesaffaires.com/bourse/nouvelles-economiques/nemaska-lithium-se-protege-de-ses-creanciers/614973

"Dans un communiqu de presse, la socit explique vouloir se «donner suffisamment de temps (...) pour mener bien ses efforts de refinancement afin de permettre l’achvement de la construction de son projet Whabouchi, lesquels sont ncessaires en raison de la rvaluation des cots prcdemment annonce."

A decision still needs to be rendered by the Court at the end of January for Nordic Trustee. Hard to make a final deal before that. Hence the additional time needed to complete a deal. The company is protecting itself. Chill out my ladies.
Comment by yell on Dec 23, 2019 9:33pm
Anyway stockholders will be holding the empty bag. Stornoway in september and Nemaska and before Orbite. 
Comment by TeddyBear on Dec 23, 2019 9:43pm
they want to push out unsecured creditors, much more simplier for them, Qc not a good place to invest for retail. No worry for IQ, Great Baboon and board.
Comment by Nordiques on Dec 23, 2019 10:08pm
Alors pourquoi as-tu investi au Qubec?
Comment by Calgary_AB on Dec 23, 2019 10:27pm
they tried everything there was to be tried...didn't you see the signs? The pressure was too high and they had to throw in the towel...GB is probably not even showing up anymore... this is not to push out anyone...it's a failed business with a bad management... Anyone remember GB video that I picked on GB for saying "We don't see that happening..."? that is playing out now ...more  
Comment by Calgary_AB on Dec 23, 2019 9:34pm
LOL...unbelievable... some of you are totally in denial even when your bank tells you and you would still not believe it...I guess the more in love you were with NMX the less believable it is that it closed the doors on you... I TOLD YOU SO many times...believe me now?
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