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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 > qyestion for charlene
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Post by Tcheck on Jan 02, 2020 1:05am

qyestion for charlene

reference LITHIUM: Nemaska Lithium files for creditor protection


Up until the end of September, Nemaska had invested $392 million at the two sites with an estimated $187 million remaining to be spent at the mine and $690 million remaining to be spent at the plant.

Based on an updated technical report released in July, capital costs for the mine and plant would total $1.3 billion with operating costs at $5,223 per tonne of lithium hydroxide. The associated after-tax net present value estimate, at an 8% discount rate, stands at $2.3 billion with a 27.4% internal rate of return

what does that mean for shareprice which is at 16 cents now  while market cap is at 140 million
charlene please ?
if we earn the costs (1.3 bn $) what  would the shareprice then reasonably be  ?
and if we reach the 2.3 bn $ mark where would the shareprice be ?

the value of the transforming plant doesnt disappear .it  is a permanent enduring  asset .
the value of the mine too has modules that can be deployed elsewhere ?.so the investment is not a total loss neither even after the mine ceases to exist .
if we pay back the costs would then the value of the company be around   */- 1.2 bn $ .
= capital invested in mine  and plant .

how much money do we now need just to continue  ?i lost count . is it around 1bn $?
i assumet he shareprice wont budge at all if we reach the costprice assuming the financing is done entirely with share emissions at 25 cents . .the only way out of this  would be to emit shares at a higher price .40 or 50 cents for instance .
the numbers dont allow great upside for the shareprice no matter what  in the short run .

only if we expand and grow the business is there hope for our investment in my opinion .
.more plants ,more mines
alleluiah mr fitzgibbon
the harbinger of progress
Comment by Bismuth08 on Jan 02, 2020 1:13am
En gros...Nmx n'a plus de financement....il manquait auparavant 375 millions...mais la...il faut retourner la table dessin et nmx est prsentement insolvable. La question est de savoir ce que compte faire fitzgibbon pour trouve des fonds additionnel. A mon avis ...il vont tout simplement fermer les livres et recommencer zero...en radi les actions par le fait mme.
Comment by Tcheck on Jan 02, 2020 3:20am
bismuth , ils ne sont pas les proprietaires de la boite . ils detiennent que 10 % des actions .16% tout au plus tu semble oublie que nous sommes encore la majorite des actionnaires .plus de 60 % est entre nos mains ,c`est la raison pourquoi il y aura un vote sur les decisions prises  qui doivent remporter notre faveur  . ca m`etonnerait que le reste des actionnaires soit d `accord avec ...more  
Comment by TeddyBear on Jan 02, 2020 3:36am
C'est fini le vote !!! pas d'assemblee generale avant la fin de la LACC, si cela se termine par une vente, un TRES eventuel surplus serait distribue (les miettes). Plutot que discuter c'est sur que le mieux serait que les investisseurs soient representee dans la LACC mais toujours pas de reponse claire si cela est possible. On tourne en rond tant que l'on n'aura pas d' ...more  
Comment by ewaltz22 on Jan 02, 2020 6:56am
Peuvent ils vraiment bypasser un vote??
Comment by Nanuk37 on Jan 02, 2020 8:26am
Est-ce qu'ils se placent par le fait mme (LACC) a l'abris des actionnaires ?
Comment by Bismuth08 on Jan 02, 2020 3:11pm
Oui tu te trompe ! Lors d'une insolviabilite ou d'une faillite ce sont les cranciers de premier ordre qui ont droit aux miettes pas les actionnaires non garantie ! C'est triste mais c'est comme cela ! Le seul moyen de sauv NMX est que IQ remette du cash sans radi les actions...ce qui semble pas dans les plans . Apres Stornoway et nmx...est-ce que cette facon de faire va aussi ...more  
Comment by TeddyBear on Jan 02, 2020 2:38am
what does that mean for shareprice which is at 16 cents now  while market cap is at 140 million ZERO FOR PRESENT SHAREPRICE charlene please ? if we earn the costs (1.3 bn $) what  would the shareprice then reasonably be  ? ZERO FOR PRESENT SHAREPRICE and if we reach the 2.3 bn $ mark where would the shareprice be ? ZERO FOR PRESENT SHAREPRICE This is all question for ...more  
Comment by Charlene on Jan 02, 2020 7:53am
Tcheck, it is too early to calculate the share price as we don't know the financing.  The capital that has been invested is shunk cost.   We need about $850M or so in financing.  As you pointed out the operating costs are $5,223 CAD per tonne.  The capacity of the mine (over 33 years) is about 31,000 tonnes per year.  At the current Li price of about $11,000 USD ( ...more  
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