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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 > In a nutshell
View:
Post by Tcheck on Jan 06, 2020 5:20pm

In a nutshell

Ongoing court troubles with nordic trustee

we have good chances to overcome this hurdle.
we will have to have patience .
i think nordic trustee is greedy 
and exagerating.
they think they have the law on their side.they dont want us to walk away from the deal and dont mind destroying the company for ill gotten gain .this insolvency is nothing dramatic .a tempest in a teapot.
We should win this case.
 


17 September 2019

• Nemaska Lithium informed the Nordic Trustee that it acknowledges the set-off of the Nominal Amount of the Senior Secured Bonds plus accrued interest

• The Corporation filed an application with the Court seeking the discharge of the security which secured
the Senior Secured Bonds

• Pallinghurst confirms willingness to pursue its proposed investment in Nemaska Lithium

• Nemaska Lithium is now focused on fully funding the project through more favorable avenues

Comment by TeddyBear on Jan 06, 2020 5:31pm
Why do you say "they dont want us to walk", probability shareholders get pennies is very low, we are no more part of the "us"
Comment by Calgary_AB on Jan 06, 2020 6:28pm
Tcheck, all that is from Sep.2019 the time that NMX was still hopping and was trying to keep everyone calm. (AKA lie to you) since then they already received reply twice from PL they are not interested. They also had to go CCAA due to INSOLVENCY it is very hard to get financing during regular business it is almost impossible to get such financing during CCAA Everyone, all financing companies ...more  
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