Post by
juneau103 on May 27, 2021 9:48am
Who is Morgan Stanley?
Financing Coming! Something is......
Clearly something up!, I say, HOLD your positions, let them take this higher.
Respecting Results, NO ONE HAS HAD 9 MONTHS TO WAIT......
J 103 KINDA BS, right, so when she does have something, it better be good! However, Ive a new thought ....
Nemaska Lithium's Whabouchi deposit, The Company is in Banckruptcy
https://www.nemaskalithium.com/en/
Orion Mine Finance, is the banker, perhaps, they want to put this project into DGO and thus, were in a huge Black Out and perhaps, there is a BIG LIGHT at the end of the table...
J 103 There is no way on our Planet, it takes 9 months for Assays ! This could be BIG! Something going on, hows this idea.............WHY NMX, why now?
"The Globe and Mail reports in its Tuesday, Aug. 25, edition that the Quebec government and commercial partner Pallinghurst Group are pledging up to $600-million to recapitalize Nemaska Lithium and vault it out of bankruptcy protection. The Globe's Nicolas Van Praet writes that Nemaska has accepted a purchase offer structured as a credit bid from a group made up of Orion Mine Finance, its biggest secured creditor; Investissement Quebec; and Pallinghurst, Nemaska said in a statement Monday. Pallinghurst is a metals private equity investor that has also invested in Canadian graphite company Nouveau Monde Graphite. The buyers are offering to assume at least $146.5-million in liabilities including claims owed to Orion, Nemaska said. Quebec and Pallinghurst have also signalled their intention to invest up to $600-million in a new company emerging from creditor protection, Nemaska said. The sale caps months of uncertainty for the miner. Nemaska plans for a hard rock mine and electrochemical plant in Quebec that could create a new supply of lithium needed for rechargeable batteries in electric vehicles and mobile phones. Demand for such batteries is expected to increase in the years ahead."
Comment by
chenggong on May 27, 2021 10:59am
for me it looks like left/right pocket