Nemaska Lithium Inc NMKEF

Possible Offer?

[Charlene]

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).

[Takeactionnow]

There is another suggestion that my buddies at TMN tell me will be published at 9:00 AM tomorrow.

[TicTacTo]

Do you feel SB on board positive for shareholders ? Bet even Minister will hesitate to tell them "you are a gang of moron investing in NMX", SB almost as big as Qc economy.

[Takeactionnow]

Yes. They have much to lose in terms of their investment. It is certainly possible that a deal is structured involving several large players, both existing participants and new ones. As far as the Minister's comments are concerned, I suggest that his statements, which have varied widely over time, could be a reflection of current (at the time) negotiations. If that is so, then negotiations are

[Takeactionnow]

The point of this article is that there are many possible ways of structuring a CCAA reorg.  Any excuse that it requires too much cash up front is nonsense, since claims can be deferred or paid without dispensing cash.  So too with existing shareholders, who strategically should remain in the picture (Cree, government agencies, and by extension, all others).  There are other