Nemaska Lithium Inc NMKEF

RE:RE:Why did Pallinghurst offer 25 cents last year?

[Ciseaux]

It was not public information that a deal with Pallinghurst could not be done because of the bonds contract (if true).

Me too I thought I was getting a great deal buying shares at 18-20 cents when they were going to be worth 25 cents right after everything was going to be worked out (which I thought it was after the bonds were removed!). 

This is a huge loss for me personally. By the way Mick, Fitzbiggon is not as stupid as Trump team. He is a new politician. His remarks last Fall about saving Nemaska put me even more bullish on the stock. It was a bad mistake from him. I live in Quebec and follow the CAQ. They are definitively not like the Republicans in the US! 

Tcheck wrote: the Pallinghurst deal that was never going to happen

they were not serious negotiating a  new financing deal with pallinghurst because the cost overrun clauses of the loan contract with nordic trust  were clearly forbidding them to even entertain the  idea .
nordic trust didnt accept cost overruns under no circumstances. no way to wriggle out of those terms of the loan contract  .maybe they didn t read the contract .the lenders  owned , took over the company from that moment on .


we were not privy to that crucial piece of information .so this was misleading   and me too i fell for it .
why was the stock selling under 20 cents when a deal was going to be struck at 25 .
i saw it as an opportunity .

for me this is blatant deception of the investor
.anyway  i think on top of everything that  the ceo is protected from being sued but i am not sure .

which financial institutions withdrew when the investors moved in ? anybody knows ?
i missed something