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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 > After pumping C$100M to SB
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Post by TeddyBear on Jan 13, 2020 11:13am

After pumping C$100M to SB

C$280M from retails ("the charity assistance" agreement), still need to raise C$600M + US$350M = C$1060M not even considering stream !!!

And many still dreaming of rosy future ... better to dream of pain in the as#
Comment by Charlene on Jan 13, 2020 12:15pm
Teddy (Short Seller) Bear, your math is wrong.  They need $877m to complete the project. PL was willing to put in up to $600M in funding.  Their condition was to get rid of the (toxic) Nordic. 
Comment by TeddyBear on Jan 13, 2020 12:23pm
Short Seller loll, wake-up there is no more longs no more short sellers, it is DELISTED and your C$60,000 investment is volatilzed in fume. Anyway, short seller do not care of delisting means debt borrowind stock vanished.
Comment by Charlene on Jan 13, 2020 1:17pm
Teddy, I am trying to understand you.  Calgary is transparent about other investments and positions. If you are not a short-seller, did you get fired by NMX?  You keep posting at such a high velocity on this board.   That takes a lot of time and conviction.  Maybe frustations from living in your mom's basement as a 40 year old single man?   
Comment by TeddyBear on Jan 13, 2020 1:24pm
Did you loss C$60,000 of your money to dream of rosy solution in such a mess ???????
Comment by Charlene on Jan 13, 2020 2:10pm
Teddy, it sounds like I touched a nerve.  I am sorry about the recent layoff.   Look, I know a lot of good people that go through terminations.... it just happens.  In time, they find good jobs. This one was caused by bad management, poor market conditions and a bad bond divorce.   In 5 years, you could be in a much better situation.  The important thing to do is ...more  
Comment by TeddyBear on Jan 13, 2020 3:09pm
No I"m sorry for you losses of C$60,000 with great baboon but happy you do not care as just seed money, maybe you could make a C$100,000 donation to nemaska to support them. And no worry everything fine, never work at Nemaska !
Comment by TeddyBear on Jan 13, 2020 12:28pm
Absolutely FALSE !!! PG was ready to put C$600M but a condition for PG to invest was NMX able to use US$350M bonds (take 5 mn to read legal paper clearly mentioned). C$877M is just CAPEX and need also OPEX (working capital), probability not able to raise +C$1Bds with such an imcompetent team is high, judge will let them time to flip flap but say want to be efficient , time will be short and ...more  
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