GREY:NMKEF - Post by User
Post by
Luna2020on Aug 21, 2020 3:08pm
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Post# 31439758
New information in context
New information in contextThe recent Fitz comments reveal the following new information:
- Orion gets 60% of Li price for 5,000 tons of lithium. Opportunity cost for NMX of this clause is $36 million. This is probably already in their claim.
- Softbank gets an undisclosed discount on 20% of production
Old news:
- Fitz doesn't know what the other offers are.
- He is jutisfying why the government didn't step in to help Pallinghurst prevent the CCAA process.
The 60% discount is making headlines. It is unnecessary as it is a relatively small cost. This was known to the bidders. There is qualified 8 bids. And we will know the outcome soon.
https://www.lapresse.ca/affaires/2020-08-21/nemaska-lithium-une-patente-a-gosse-comme-montage-financier-dit-fitzgibbon.php