GREY:NMKEF - Post by User
Comment by
felker04on Jul 16, 2019 4:43pm
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Post# 29926823
RE:RE:RE:RE:RE:RE:Call investor info
RE:RE:RE:RE:RE:RE:Call investor infoI don't like the fact that one of the main potential investor, Investissement Quebec, which is one of the good shareholder, has nobody on the Board. The last guy left a couple of months ago.
They need to have good communicate and relation with Investissement Quebec and the Government. If there is an empty chair, it doesn't look good.
It doesn't mean there is no way around, but the signal is not the good one. They need a fighter on the board to fight for them at Investissement Quebec.
The project can be good economically and strategicaly on the long run, but someone has to vouch for it with the right people.
There are other ways to help finance the deal, but this one could be better for shareholders and the survival of Nemaska. I hope they put a new guy from IQ on the board, it will mean they have establish new lines of communication.