Nemaska Lithium Inc NMKEF

Pallinghurst would be stupid to pay 25 cents a share

[materialsgirl]

for 2.4 million shares  if they can get 3 million oe 3.5 million shares
for the same cost.
This is just a truism, just math.

They will be highly motivated to buy the shares at a lower price

There are many reasons why they should pay less;

- TSX price lower
- costs will rise even more
- capital costs will be even higher
- production cost will be higher
- longer timeline to start production
- outlook for the price of lithium drops

The excuse list is endless unless there is a potential
competitive bid.
Individual investors are irrelevant when we talk about
$0.6b or more

[mick1888]

Matt - I hardly think Pallinghurst is stupid. They are a highly successful mining investment company who specialise in long term investments, maximising the potential of the projects they target. They have the resources and knowledge to get the best out of their investments, this being no different. They will have two positions on the board, guiding the project to the best possible outcome. So IMO

[materialsgirl]

Mick; You are spot on re your assessment of Pallinghurst. I hardly think that they are stupid either. That is why we can predict that they will look into  every closet, every detail to justify paying a lower price or to justify paying the same price and getting a bigger share of the pot.  That is the job of their employees It is not a charity organization. I am not predicting what