Nemaska Lithium Inc NMKEF

RE:RE:RE:Just fruit for thought...

[dalesio_98]

mick1888 wrote: CalAB - its not over until the fat lady sings (as they say).... ;-)

I think you hope that is what happens, for whatever perverse reason (people lose money, but at least you can say 'I Told You So').... :-{

I suppose the one saving grace is that the project will go to the highest bidder, and / or the bid that shareholders agree too, not who Fitzgibbon decides on. It sounds very much a stitch up by certain people, and that is the reason I personally was not happy that GB got the elbow.... ;-{

Incidentally, can anyone tell me why Victor Cantore has legal representation in the CCAA process? Service List Link below;

https://www.pwc.com/ca/en/services/insolvency-assignments/nemaska-lithium-inc/service-list.html

Calgary_AB wrote: below post Jan 19, 2019
read at the bottom:
I TOLD YOU SO

Calgary_AB wrote: If I was Softbank...
I would invest in NMX, agree to the contract of having no vote until either Sep. 2020 or first production...
Keep the SP depressed all the way to 2020, frustrate everybody, keep the price at $0.30 or less...
so let's calculate how it would work out:
I paid 100 million into a pool of 1 billion.
Keep the SP at 0.30 and when my voting rights become active I blame the losses on bad management and put an offer to buy the company and take it private at a premium let's say at 0.40

so NMX has 1 billion shares outstanding that will cost me 400 million and I get a billion dollar company already build and producing...sweet

Important to note: TAKE IT PRIVATE which means the longs will have to take the 0.40 deal and they are no longer shareholders...

I don't want to tell you in 2 years "I told you so" but I am afraid I will...

Perhaps Victor Cantore is trying to protect his smelter royalty rights.