GREY:NMKEF - Post by User
Comment by
CanadaCoinon Feb 19, 2019 9:34am
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Post# 29381477
RE:the deal is done.
RE:the deal is done."Namaska had every right to terminate the deal"
No they don't! They need
just cause to break a binding agreement.
Do they have it? Nemaska says they do, but Livent says they don't. Now a judge will decide.
Nemaska is now working from a posiiton of desparation, and their decisions may not be all that wise.
jg75123 wrote: Namaska had every right to terminate the deal, paying the termination fee is smart in this case as they will sell the supply to someone else to raise the oney they need. the deal is done. in a few days we have the $350M and back in business.
noting to see here, just alot of people got screwed out there shares and alot of new investors will get rich.