GREY:NMKEF - Post by User
Post by
TeddyBearon Dec 06, 2019 7:07am
201 Views
Post# 30427977
Some good points but still unclear part
Some good points but still unclear partPallinghurst commitment is strong, court order to payback bonds holders is fine trial will not reverse it, but remains doubt on refinancing of bonds.
Comment also applied if they failed to get last $75M streaming fund, means between $350-425 millions (US) (460-560M CAD) to refinance ... still huge amount ...
“We are pleased and impressed by our review of Nemaska Lithium thus far and satisfied with the progress of discussions between our teams. We remain fully committed to continue working cooperatively with Nemaska Lithium in pursuing our proposed investment and, furthermore, are open to explore with the Corporation’s largest shareholders an additional capital injection to potentially substitute certain elements of the current financing structure,” declared Arne H. Frandsen, Co-Founder and Managing Partner of Pallinghurst.