Post by
Tcheck on Jul 14, 2020 11:31am
we will come to an agreement
old owners have the ressource but cant bring it to market .
new owners can bring the ressource to market but dont have the ressource .
we will reach a compromise .
creditors are not weighing in the balance .
so change of guards will proceed orderly or disorderly
Comment by
Calgary_AB on Jul 14, 2020 4:52pm
there is a factor you are not considering... The old owners have the ressource and without quick money they lose the ressource....the once with money can wait until ressources become available...
Comment by
Takeactionnow on Jul 14, 2020 6:11pm
The interest rate would undoubtedly be higher, but the mere fact that your suggestion is within the realm of possibility speaks volumes as to the many ways in which a successful restructuring is possible.
Comment by
mick1888 on Jul 14, 2020 6:42pm
TaN, what a job to be on the bid review board. With the potential of 8 qualified bidders vying for the project, there are so many scenarios that can be played out as you highlight below and as per your previous Nemaska Lithium – Getting the deal done #3 https://themoneynarrative.wordpress.com/2020/06/26/nemaska-lithium-getting-the-deal-done-3/comment-page-1/#comment-1104
Comment by
TicTacTo on Jul 15, 2020 5:30pm
Maybe they use dice to choose offer ;-)