GREY:NMKEF - Post by User
Comment by
Takeactionnowon Jun 16, 2020 11:13am
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Post# 31155655
RE:RE:RE:Chess Game
RE:RE:RE:Chess GameOnly time will tell, of course, but my optimism is higher than in months past. The degree of expressed interest, and the ability of the process to weed out unqualified bidders suggests that there is indeed some competition. The assets (and project) are worth more today, in my opinion, than some months ago, since the industry prognosis is looking better. The timing for a relaunched building project couldn't be better in terms of coming on line just as new battery plant/automotive manufacturing demand really takes off. The only question now (to be resolved in a matter of weeks) is to what extent existing shareholders are included.
mick1888 wrote: Yip....and we still have a mine that is three quarters built (at present).... ;-) What was previously achieved was not all bad or we wouldn't have 8 interested bidders....;-) GLTA longs
Takeactionnow wrote: Tiger, the June 5, 2020 court order does not (yet) mean that Orion is being paid. It simply confirms tha the claim is secured (i.e. it has priority) and that the amount of the claim is established at $134.5 million.
Tiger737373 wrote: How to settle a monetary dispute ( Orion, 134 million ) if you don't have all the money?
Think about it before answering.
Maybe some shareholder are ready to financial support the project