Nemaska Lithium Inc NMKEF

Financials are out !

[Nanuk37]

EOM

[Tiger737373]

SEDAR.com

[Takeactionnow]

A more thorough analysis is required, but a quick review reveals that the situation is not as bad as some parties have postulated.  There is still some hope.

[Takeactionnow]

Here is a summary of some key takeaways from the financials: Nemaska Lithium – What are the March 2020 financials telling us?

[mick1888]

Excellent summary TaN, I bet you wish you were on the review board.... ;-D On the other hand, if you were on a bid team, what would your train of thought be? Would you be extremely keen to secure this opportunity, and what lengths would you go to achieve your aim.... ;-) GLTA longs 

[Takeactionnow]

Fabulous question, Mick!  The role of business executives has traditionally been to maximize shareholder value by whatever means necessary.  So, in the 1800s strikes were broken by violent means in which, in a number of cases, strikers were killed.  As time progressed, and as corporations statutes have reflected more recently, management can consider other things including public

[mick1888]

Man of my own Heart.... ;-) Although it is difficult for the bidders as they have two sets of shareholders to satisfy (their own, and potentially new - existing NMX). But, when I listened to the first conference call with Pallinghurst, I was suitably impressed with their promise of commitment. It would be particularly galling if they were to back track on their ethics, and to be honest, for many

[Takeactionnow]

While none of us have crystal balls, I can tell you that you are far more accurate in your musings than you know!  The parties thus far have been extremely cautious to respect their confidentiality obligations (nice to see, since it so often isn't the case).  Pallinghurst is already fully committed with Nouveau Monde Graphite here in Quebec.  Their management is ethical and

[Tiger737373]

Thanks a lot guys, GLTA Longs

[TicTacTo]

Pallinghurst offer before LACC do not allowed to bet on their offer during LACC, this is all new game. Past 25 cents offer including shareholders is dead and not bidding for present offer. To include shareholders was mandotory pre-LACC, why should it be the case now ?   They are financial people, ethical or not do not imply a duty to save shareholders, it is the job of IQ and government to