Nemaska Lithium Inc NMKEF

RE:RE:RE:RE:RE:Did the lawyer of facebook group said things were good?

[Takeactionnow]

Mick, have a look at this new post: Nemaska Lithium – Getting the deal done #2

mick1888 wrote: Thanks TaN, your calming influence is much appreciated... ;-)

Surely the eight qualified bidders prepared to spend several hundred million dollars on this project have the relevant expertise to properly close out a deal?

I do not pretend to understand the goings on behind the scenes in this procedure, but it certainly has its highs and lows on a daily basis - the leader of IQ says one day everything is going great, two days later the Minister of the Economy more or less tells investors they're hung out to dry? We know that IQ will have a major say on how this proceeds, what influence (if any) does the Minister have?

Prior to CCAA Pallinghurst were happy to commit to 0.25c a share keeping existing retail on board, and they now have the benefit of the bonds being settled and a deal struck with Orion. All Good. So why would they now want to change tack and get rid of retail if they thought it would give them an advantage in the bidding process? If other bidders suspect keeping retail on board gives Pallinghurst the lead, would they not follow suit?

As Guy LeBlanc says 'I have spent the last few days talking to several global players in the industry' this would indicate they are enquiring what IQ have to offer in the scheme of things?

Surely this cannot be as simple an open and closed book that 'the Minister' would have us believe?

Your gut feeling thoughts would be appreciated.

GLTA longs

Takeactionnow wrote: It really isn't that complicated.  Give a top-rate corporate finance person 24 hours with all parties, and a deal can be reached in which everyone, including current shareholders, comes out ahead.  Of course, the CCAA proceedings aren't structured that way, so we will see if value is maximized. Nemaska Lithium – Getting the deal done

TicTacTo wrote: Fitzgibbon position is strange, looks like he his under presure with NMX case to promote his own agenda.

He clearly has no interest for Quebecer, behave as an  ex-pwc boy accountant not wiith the minimum class quebec could expect from a minister.