Post by
Loserboard on Aug 10, 2020 9:25pm
Posted a few hours ago. Had to translate.
The situation with Nemaska Lithium We questioned the Chief Judge about the difficult financial situation Nemaska Lithium has been experiencing for several months, including the search for financing and the possible delisting of the shares from the stock market. "I know that Nemaska Lithium is going to take over and that the Grand-Mre sector plant will eventually come on stream. The only thing we don't know is with which investor it will be done," commented Mayor Angers. I have a concern for the 25,000 small investors. I know many of them who have put a lot of money into lithium, believing with good reason that it is a mineral of the future with the electrification of transport. I will be very sorry if these investors are thrown out of the financing package after investing tens of thousands of dollars." Remember that the government through Investissement Qubec is a major shareholder in the Nemaska Lithium project with an amount of $130 million.
Comment by
Loserboard on Aug 10, 2020 9:29pm
Tens of thousands??? Is this guy out to lunch?
Comment by
dalesio_98 on Aug 10, 2020 11:12pm
Please provide the date and link to the French text, thank you. Chief Judge questioned, that would certainly not take place!
Comment by
Loserboard on Aug 10, 2020 11:14pm
https://www.lhebdodustmaurice.com/nouvelle-cible-pour-le-parc-industriel-a-grand-gabarit/
Comment by
dalesio_98 on Aug 11, 2020 12:05am
Chief Judge questioned, that would certainly not take place! Chief Judge, as in Judge Gouin presiding over the Nemaska CCAA file. Thank you for providing the link: Nouvelle cible pour le parc industriel grand gabarit? Le 10 aot 2020 — Modifi 14 h 38 min le 10 aot 2020 https://www.lhebdodustmaurice.com/nouvelle-cible-pour-le-parc-industriel-a-grand-gabarit/
Comment by
TicTacTo on Aug 11, 2020 1:32am
Shawinigan Mayor say nothing new,
Comment by
bigkagan on Aug 11, 2020 12:38pm
and what the Brawler from Shawinigan thinks of all this?