Nemaska Lithium Inc NMKEF

Pallinghurst would be stupid to pay 25 cents a share

[materialsgirl]

for 2.4 million shares  if they can get 3 million oe 3.5 million shares
for the same cost.
This is just a truism, just math.

They will be highly motivated to buy the shares at a lower price

There are many reasons why they should pay less;

- TSX price lower
- costs will rise even more
- capital costs will be even higher
- production cost will be higher
- longer timeline to start production
- outlook for the price of lithium drops

The excuse list is endless unless there is a potential
competitive bid.
Individual investors are irrelevant when we talk about
$0.6b or more