Bullboard - Stock Discussion Forum North American Palladium Ltd (New) PALDF

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North American Palladium Ltd is a precious metal mining company. The company operates the Lac des Iles palladium mine located in Ontario, Canada, which is one of only two primary producers of palladium in the world. The group believes there is exploration upside near this location, and the limited number of primary palladium production areas also offers investors exposure to palladium prices... see more

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North American Palladium Ltd (New) > Taking Private & Sale?

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Post by Kelso99 on Mar 06, 2019 2:35pm

Taking Private & Sale?

Any chance Brookfield takes this private and sells to an automaker/autoparts maker or consortium? Or is that idea completely out to lunch?

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Comment by TG1960 on Mar 06, 2019 2:39pm

I don't know about the ultimate outcome...taking control of the rest of the shares is the next step from my experience with Brookfield...$23ish.

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Comment by Kelso99 on Mar 06, 2019 2:43pm

Getting rid of the pubco fees and disclosure requirements alone is worth it. Not sure why they didn't just do that years ago when the value of the outstanding float was quite low.

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Comment by TG1960 on Mar 06, 2019 3:08pm

and Paladium price pivot and going higher today

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Comment by Kelso99 on Mar 06, 2019 3:40pm

I could see some strategic value here to the right acquirer, being that it’s a supply of Palladium/Platinum from outside of South Africa and Russia, even if Palladium prices revert in the longer-term. If there’s a true above ground shortage and potential supply chain disruption should SA PGM mines strike.

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North American Palladium Ltd (New)