GREY:NMKEF - Post by User
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Nordiqueson Dec 23, 2019 9:20pm
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Post# 30486208
Cooler heads will prevail
Cooler heads will prevailFrom Les Affaires : https://www.lesaffaires.com/bourse/nouvelles-economiques/nemaska-lithium-se-protege-de-ses-creanciers/614973
"Dans un communiqu de presse, la socit explique vouloir se «donner suffisamment de temps (...) pour mener bien ses efforts de refinancement afin de permettre l’achvement de la construction de son projet Whabouchi, lesquels sont ncessaires en raison de la rvaluation des cots prcdemment annonce."
A decision still needs to be rendered by the Court at the end of January for Nordic Trustee. Hard to make a final deal before that. Hence the additional time needed to complete a deal. The company is protecting itself. Chill out my ladies.