GREY:NMKEF - Post by User
Comment by
dalesio_98on Aug 10, 2020 3:48pm
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Post# 31389177
RE:My guess ...
RE:My guess ...Luna2020 wrote: I have been saying this for some time- my guess it is an acquisition by a VC or estabilshed Li company. NMX doesn't have a management team anymore. So, the new NMX will need one. The financing option requires hiring new management.
Existing shareholders get $0.50/share - but, it really depends on how heated the bidding gets. We should know this Friday.
This uncertainty can create a lot of doubt. Have faith in the fundamentals of the project and the future of Li. There are no conspiracies... :) Who benefits from these consipiracies? We weren't able to get funding last year because of the exclusive Pallinghurst agreement, the toxic Nordic bond and the management team with a bad history. These are no longer issues. Also, the valuations of Li miners is up significantly from last year.
The only negative has been the fees paid for restructuring. But, there has been value as it bought more time, cleared the balance sheet, and faciliated the new financing.
It appears you are still moon struck.