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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 > Restructuring strategy
View:
Post by Tcheck on Dec 30, 2019 1:41pm

Restructuring strategy

Pwc report

point 80

In that context, the Debtors may be seeking the approval of the Court to initiate a formal sale and investment solicitation process to secure additional financing, sell assets, enter into a joint-venture, or a combination thereof, at a subsequent hearing before the Court.

Sell assets
which ones ?
to whom ?

joint venture, does that include pallinghurst?

could they buy softbank out ?
Comment by Calgary_AB on Dec 30, 2019 1:47pm
if NMX sells assets as part of the Bankruptcy Liquidation, then other LI producers may be interested in...but no investor or producer would be interested in buying it with current contracts and obligations in place...who would be paying money to take over years of bad management and bad decisions...most potential future profit is already promissed. And I should mention: IF I WAS SOFTBANK...... I ...more  
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