Howard Klein, aka the Lithium Ion Bull, joins your host Emily Hersh on the Minerals Manhattan Project to dissect how the emergence of a "New Nemaska" looks to the original retail investors.
Howard breaks down the bankruptcy process of the infamous Nemaska , as well as how Orion Mine Finance, Pallinghurst, and Investment Quebec finalized a structure to breathe new life - and money- into the now infamous Nemaska
Howard gives us a timeline from a rights issue offering through bondholder disputes, as well as how Softbank ended up losing 100 million dollars. Howard explains his opinion on how WeWork collapse peripherally influenced the implosion.
This provides a jumping off point to discuss how none of the debt for Nemaska ever went into the ground - and what that can teach equity investors about capital structures for early stage projects.
Howard also explains some of those stock terms like SPACs, and how platforms like Robinhood are bringing in a new generation of retail investors.
Howard answers the question, are there any stock movements that investors should watch out for?