Nemaska Lithium Inc NMKEF

Positive developments

[Charlene]

Since Dec, there are some positive signs as NMX opens up the bids
- Li miners' price (valuations) are up
- IQ has more money to invest
- Nordic bond has been removed (NMX has clean balance sheet)
- PG is still interested

Now, the coronavirus issue is causing operating costs of Li miners to go up and hence the prices
https://www.metalbulletin.com/Article/3918581/GLOBAL-LITHIUM-WRAP-Chinese-hydroxide-producers-plans-to-raise-prices-on-virus-related-costs-boost.html

When NMX went into creditor protection, things looked bad.  But, things are definately looking a lot better.

[Charlene]

Lithium prices are starting to go up.... as does the value of NMX. https://twitter.com/globallithium/status/1229391590843670529

[Charlene]

This stock meltdown has impacted the Li miners valuation to the negative side... which would impact any offers for NMX (today).   But, fortunately we have time (next 6 weeks).  Li miner valuations should get back up in 3-5 weeks. This CCAA could look like a stroke of genius - they have time and are not impacted by day-to-day stock movements.  GLTA.  https://stockhouse

[Calgary_AB]

Charlene, I guess you can't and shouldn't stop hoping... I was in your position once and took me almost 10 years to recover from it....that's why I tried to open your eyes for last 3 years...I posted the red flags I saw and you guys refused to see.... any offers will probably not cover the secured investors nevermind the non secured like the ignorant LONGS... The LONGS can only be

[TFSAfunds]

Not sure how you can say that Charlene, another newcomer to Stockhouse... Nov 28th. Where have you been for years? Or just a different handle?  What is causing the meltdown? WHO just upped the threat level for Covid 19 and it won't be long before it is classified as a true "pandemic". Apple can't get phones because China factories are shut down... soon nobody will even need

[Charlene]

Yes, factories in China are affected.  This includes Li factories.  This also limits supply.... which is why the price of Li has been flat the last 2 months.  Also, market fear is the highest its been in some time (VIX is between 40 and 50).  The coronavirus active cases is actually going down.  And they are working on a cure fast.   I don't think this

[TFSAfunds]

Charlene... remember this from not too long ago? At this point, people that own the stock can't do anything, but wait for the outcome.  We can't litigate a company in protection.  Shareholders can't sell their stock.  You seem to take some satisfaction in gloating and making people feel bad.... your lives must be very sad and empty.  It would be funny, if after

[Calgary_AB]

Charlene, LI is not a mineral that is hard to get...LI is everywhere abundant. What NMX had was a window of opportunity for the process technology…but technology advances faster than NMX can raise money to update and stay competitive. Watch GB’s videos: 3 years ago he was pushing the competitiveness because of its process, by the time he got the financing he turned that around saying it’s not

[Tcheck]

You forgot to mention we got rid of an incompetent ceo. who got us in this mess all on his own without any help. this is a very positive development.

[Calgary_AB]

funny that now all the LONGS agree GB was a baboon but 3 years when I saw he was a baboon all LONGS were bashing me saying I am a GB basher... REALLY?! A few things never changed and were here from very begining. bad management GB a lier GB not a good planer GB bad credit GB got many failed managers to join him either on the board or on the management team and I told you about it all but you