For Directvoice and StocksoutsX And Interested OthersDirectvoice,
Please do correct me should I be mistaken. Never the less, did Nouveau Monde Graphite already provide a $10 Million payment to Mason Graphite at the time of the optioning off of 50% the Lac Gueret graphite project?
Wouldn't the total consideration for the Lac Gueret graphite project, as comprised of previously paid cash, today's expected NOU.V shares issuance and future cash payment of $5 Million presently be a wee bit closer to roughly $30 Million; and lets not forget that going forward, the upward appreciation of all those NOU.V shares having been issued would at some point naturally become reflected in the daily Mason Resources Inc share price?
As StockscoutX also alluded to, at today's LLG.V book value to share price of $0.18 and given today's Mason Resources Inc market cap being $29.67 Million, one clearly understands that there exists an obvious lag in the LLG.V share price being made to duly reflect the more than 100% appreciation in the overall estimated total valuation of Mason Resources Inc.
Back of the napkin and very very rough math could show that the market cap should have at least near doubled today.
Talk about arrested development of the Mason Resources Inc share price today, eh? I am not worried about the obviously arrested development in the LLG.V share price
Also, today's transaction was one which we clearly understood Nouveau Monde Graphite needed to undertake and had been waiting to fully and finally consumate until the Canadian Federal Government provisioned Investment Tax Credit (ITC) would become applicable, as at January1, 2024, to NMG's purchase of the Lac Gueret graphite project lands.
What was actually "contingent" upon Nouveau Monde Graphite purchasing and outright securing 100% ownership of the highly sought after Lac Gueret graphite bearing lands project, was that which is now the guaranteed follow-on and merely initial equity investments of $100 Million and $100 Million for both the Matawine phase 2 project and for the Lac Gueret graphite project respectively.
These are long awaited equity investments which would be taken up by or on behalf of Canadian Federal Government funded entities, e.g. "CGF") and Government of Quebec funded entities (e.g CDPQ, IQ); obviously along with Panasonic, Mitsui and/or a plethora of other long champing at the bit would be "BAM" production offtake agreements issuing global battery-electric powered automotive manufacturer customers and/or their respective globally recognizable battery cells manufacturer partners. Likely their respectively selected graphite mines developing and operating partners as well, e.g. Rio Tinto Mining and Exploration, amongst any interested others.
Here's to hoping that Mr. Fahad Al Tamimi and the other LLG.V officers and directors don't destroy today's built up strength in this Mason Resources Inc corporate enterprise proposition, doing so by issuing thenselves undeserved LLG.V share awards, options grants and so on. Please do not choose to be seenas acting like pigs at the trough would behave Mr. Fahad Al Tamimi
Perhaps at $0.50 to $0.60 they could issue a wee bit of options awards; and yet, it does certainly leave one to wonder why the lot of them simply had not been buying at the open market at cheaper share price points last year or well prior to today's news?