Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.

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Nemaska Lithium Inc > Debtors ask to extend the Bid Deadline

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Comment by Takeactionnowon Jun 27, 2020 9:29am

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Post# 31198454

RE:RE:RE:RE:Debtors ask to extend the Bid Deadline

On Facebook I am seeing a "the content isn't available message..." for the draft order.

dalesio_98 wrote:

Takeactionnow wrote: The 10-day extension could mean a lot of things, but it is brief enough that it likely is simply required for review/negotiation/drafting to be completed (i.e. the process is not derailed). Has anyone seem an actual court order?

mick1888 wrote: I am wondering if 'thatMinister' has misstepped by announcing the money available from IQ (2-300m). I am wondering if that was exclusive to Pallinghurst until he made this public and others have said 'hold on a minute, this has a massive impact on what we can offer'. To me, this could be a positive as it substantially reduces what bidders thought they had to put in to secure a deal, or even more positive that they could now include retail to the sum that IQ are offering?

Or it could simply mean that bidders want clarity on the 'Victore Cantor' claim prior to their final offer?

GLTA longs

Ciseaux wrote: The Debtors ask to extend the Bid Deadline of the SISP to July 10, 2020.
So that means, as implied by Fitzgebbon, that they are not fully covered with the current bids.

Maitre, The Draft SISP Bid Extension Order is available at our Facebook page: facebook.com/groups/489696418234495/