GREY:NMKEF - Post by User
Post by
orangejulipon Jun 13, 2017 8:17am
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Post# 26355521
This is good news!
This is good news!IMHO this is all good news. This is a race to the finish line and now Namaska can be sure that they meet all their deadlines. At this point, money in the bank is most important and the fact that National Bank has invested is a strong vote of confidence. Further, LAC recently also recently issued 63,750,000 common shares at a price of C$0.85 per common share for gross proceeds of approximately C$54 million (US$40 million). The stock price has remained stable!
So why would NMX SP fall? This time is very different than the last round of financing and there are no warrants. This is huge de risking! Yes we all wished that the SP would be higher but the reality is that it will get there with time! In fact my gut is telling me that we may see an increase in SP today??!!
GLTA!