GREY:NMKEF - Post by User
Comment by
mick1888on Apr 12, 2020 6:54pm
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Post# 30901369
RE:RE:RE:RE:Latest Monitor Report
RE:RE:RE:RE:Latest Monitor ReportTaN you give the impression you would be happy with someone like Pallinghurst as a Strategic partner, would you also be looking for an additional Financial institution to join this partnership or would you be comfortable just with the Pallinghurst / Traxys JV? After looking into Pallinghursts takeover of Gemfields and their treatment of the original investors of the latter, this single source of investment makes me nervous.
Multiple sources of investment would possibly be better, but extremely complicated and difficult to pull off. Both scenarios are fraught with danger in trying to keep Nemaska public, and I genuinely worry for the future of retail investors. In particular since I am not convinced some Quebec politicians have the conviction they once had for the project?
GLTA longs
Takeactionnow wrote: Both. They can benefit from an experienced operator and require capital to complete the project. Having a business partner will bring additional skills to the table and spread the risk.
phantom666 wrote:
What would be better for NMX, a strategic or a financial partner?