Nemaska Lithium Inc NMKEF

RE:Pallinghurst would be stupid to pay 25 cents a share

[mick1888]

Matt - I hardly think Pallinghurst is stupid. They are a highly successful mining investment company who specialise in long term investments, maximising the potential of the projects they target. They have the resources and knowledge to get the best out of their investments, this being no different. They will have two positions on the board, guiding the project to the best possible outcome. So IMO, if they proceed after their DD, it is unlikely that any of your bullet points will come into play. At worst if any do come to fruition, they will be mitigated. Pallinghurst know exactly what they are dealing with here and see a bargain investment, wish I had got all my stake at 0.25... :-)

materialsgirl wrote: 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