RE:RE:RE:RE:RE:an edda IQ collaboration would have pleased all investorsTicTacTo wrote: Mick, EDDA Zingher offer was a joke.
Listen to law court for hours and at the end was clear for everybody not serious.
Testimony by Jacques Mallette and BNC representative was very clear, EDDA was given many opportunities to complete the bid.
Due to COVID-19, with Nemaska in the North/distant, there would be little to no chance of progagation of the virus, at worse, Nemaska et al could have requested/obtained a dispenstion from Quebec/Health Board to accept EDDA rep (s) to view the project ... no attempt was made.
EDDA had the option to have the mine visited by a local representative (s) and did not do so.
One of the bidders (Irish firm) had several reps visit mine/project to conduct extensive due diligence and determined there was zero (0) reason to proceed.
If EDDA was convinced in the project, they would have submit the offer including all documents and deposited bid. Was it all a smoke show?
FYI, to assist EDDA with required documentation, the Nemaska board/special committee mandated McCarthy Tetrault to produce said documents for the benefit of bringing the EDDA offer to fruition, to no avail.