GREY:NMKEF - Post by User
Post by
BearlyBullishon Feb 16, 2018 11:52am
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Post# 27572605
Financing Delay of Last December
Financing Delay of Last DecemberThat was a major let down last December when Guy promissed that financing would be closed and he commented on that today.
He said that back then he was approached by a very good offer and that everything seemed to be good but at the time of drawing the last details of the deal, the true intentions of the other party were revealed. They wanted the firm to switch its production to another type of lithium and were acting very much in self-interest. This led to Guy shutting the deal down in the interest of SH.
It's far from incompetence as many people bashed on this forum, it is simply a party not being faithful and NMX realizing that and delaying a promise to protect shareholders.
I am even more confident in the company after today, this will payout big time in the next year.