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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi 5i
I believe NMX will be reporting Fri nov 15...,what are your expectations for results? Given recent uncertainty over financing and continual decline in NMX share price to 0.18, in your opinion does this project have any chance of completion. Is it worth any consideration at this point or is it destined for bankruptcy?
Thx for any insights.

Thx
Read Answer Asked by jim on November 14, 2019
Q: Hi 5i
Recently sept 17/2019 NMX announced a court application for discharge of security securing $350M senior secured bonds...later sept 25/2019 they announced that they had received notice from Nordic Trustee AS regarding the $350M senior secured bonds and the passing of a bond holder resolution to refrain from the bond prepayment. Could you briefly explain what all this means and is this a negative for the stock or not? Does this affect the hopefully eventual completion/financing of the project?
Thx as usual for your help.
Read Answer Asked by jim on October 02, 2019
Q: I have been with NMX since 2015 and have made a lot of money. Bought at .33 sold at 1.85. Bought at 1.09, sold at 2.25. Bought again at 1.09 and still have 50,000 shares. I believe the stock will go to $5.00 once the mine is finished in 2020. The price has been solid lately but the fist sniff of bad news people panic and sell at a ridiculously low price. They are close to finishing the project. The product is in high demand. Batteries are the future. I feel very confident in the company. Should I buy more?!
Read Answer Asked by Bryan on February 14, 2019
Q: With the growing interest in production of electric vehicles, what are your favourite producers (miners) for battery metals such as silver, copper, nickel, and lithium? I added silver since solar energy will help power the vehicle producers.
Read Answer Asked by Charles on September 20, 2018
Q: Good Day Team,

With almost 70% loss on this junior dog, is it time to let go? or is it worth holding for an eventual recovery given the need for lithium? It was obvious with their financing around 1.05$ that the stock will suffer, but this much? Is there something else going on here? Would you hold or sell?

I appreciate it if you can share any news, insights, or direction you might have.

Thanks as always!
Read Answer Asked by Saeed on August 10, 2018
Q: The above stocks and 1 ETF comprise my base metal holdings. Performance of several ( LLG, NMX, ALB, TV) has been dismal since purchase. I bought thinking that it was a good time in the business cycle to own commodities, with a slant towards lithium as you can see. The dollars invested in total are less than 3% of my portfolio. I am prepared to hold if the companies are performing adequately, but would appreciate whether you would consider any of the above sells or “not necessary to own” as you have coined in the past. Would it be preferable to sell all and buy Teck Resources? Thank you kindly for your consideration of this question and please deduct as many points as appropriate for such a lengthy list.
Read Answer Asked by Joanne on June 21, 2018
Q: Good Morning Team,

As you know, Nemaska Lithium announced C$280,000,000 bought deal at the price of $1.00 which was substantially lower than the SP as of yesterday, 22 May. The stock has fallen by more than 16% today.
In the news we read: Guy Bourassa, President and CEO of Nemaska Lithium, commented on these recent announcements: "Today marks a big day in the life of Nemaska Lithium, as we are announcing the last piece of financing required to start the commercial development of the Whabouchi lithium mine project. This project financing package, which covers capital expenditures of both the Whabouchi mine and Shawinigan electrochemical plant, project contingencies, working capital requirements and financing costs will ensure the future of Nemaska Lithium. This will also allow the Corporation to stay on target to initiate the commissioning of the Whabouchi mine by second half of calendar year 2019 and start commissioning the Shawinigan electrochemical plant during the first half of calendar year 2020".

My main question is how trustworthy is this management? Was Guy Bourassa once ceo of T-Rex which made three wheel fake motorcycles and had difficulty raising money because of him? I also would like to know if you accept that this financing deal really is the last piece? How typical is the way they have been raising money in the past year alone? Would you be a buyer at these levels? Would you average down if your cost was at $2.00?

I believe lithium will be a big player in a changing energy world but I have been burned by speculative mining projects before and I wonder if NMX is going to next? Would it struggle for many years well beyond 2020 and drain its investors year after year with empty promises?

Thank you for your valuable insight as always!
Read Answer Asked by Saeed on May 24, 2018
Q: It looks like electric powered vehicles are an inevitable winner as we continue to struggle with climate change. The need for better batteries to power these vehicles also seems inevitable. It seems like an investment in this trend is a winner. My question is, how would 5i suggest we as members take advantage of this opportunity? Please suggest some areas to focus on and what you consider to be the best companies in each area to invest in. Again, thank-you for your considered opinions.
Read Answer Asked by Les on February 27, 2018
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