GREY:NMKEF - Post by User
Comment by
Takeactionnowon Jun 25, 2020 4:34pm
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RE:Possible Offer?
RE:Possible Offer?There is another suggestion that my buddies at TMN tell me will be published at 9:00 AM tomorrow.
Charlene wrote: One of the miners (e.g. ALB, SQM) to offer to pay the total claims (~250M in cash). Then buy out all shareholders (in stock). Then they sit on NMX (as a real option), until the market takes off. They have all the IP and get it into production later. Their initial cash outlay is only 250M, but they would own 100% of NMX and its IP. IQ won't like this offer as jobs created gets postponed. But it could happen. And the board and judge has to strongly consider this offer as it benefits all stakeholders (debt and shareholders).