Post by
Tcheck on Oct 01, 2019 12:15pm
Calgary
Stop speculating,
the news will come out soon enough.
you were completely wrong on softbank with your conspiracy theories ,why would you be in the know on pallinghurst.
you are a professional fear mongerer and you must getting your rocks off on bad news.
nmx is on the rocks .
rocks off gold or rocks of lithium .thats the question.what a joker you are.
Comment by
biggerr on Oct 01, 2019 2:38pm
the financing deal any day now, shorts get ready for some whoopass
Comment by
biggerr on Oct 01, 2019 3:37pm
I think that in the beginning they will only exercise the PP of $200 mil.and leave the rights offering for later as to not dilute the SP too much. Pallinghurst are not stupid, they also want the SP to climb as much as possible
Comment by
nickto on Oct 01, 2019 3:58pm
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Comment by
nickto on Oct 01, 2019 4:00pm
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Comment by
biggerr on Oct 01, 2019 4:00pm
to be more precise, since NMX needs $375 mil. more to complete the project Pallighurst will do the $200 mil. PP and $175 mil. rights offering out of $400 mil, available and leave the rest for later, right?
Comment by
nickto on Oct 01, 2019 4:03pm
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Comment by
biggerr on Oct 01, 2019 4:07pm
I agree, but not all the money will come at the same time, they can do the $225 mil. rights offering any time they want in the future when SP will be let's say $3
Comment by
nickto on Oct 01, 2019 4:19pm
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Comment by
biggerr on Oct 01, 2019 4:35pm
it's the same as a call, they will have the right to buy it at 25 cents even if the stock is $3
Comment by
biggerr on Oct 02, 2019 1:25am
then according to you no stock can go up because every stock has call options and this rights offering is exactly like a call option