Canada Nickel Company Inc V.CNC

Who will the strategic be?

[Ivorygull]

Just my thoughts,

Sibanye recently decided not to up their stake in Generation Mining so I wander if it was to be Sibanye that was going to be the strategic partner but contingent if BHP were going to buy Noront, and now that they have decided not to up their offer, that they, are now trying to be the strategic with us, and so Mark et al has to go back to the table again for the best deal.

It's just odd that their (BHP) decision to not outbid Wyloo, was around the same time as we announced that the announcement for our strategic partner was delayed a bit. 

Having a strategic partner who ever it is, should help us keep the wolves at bay when the big guys want to take us over, as long as we don't get double crossed.

Early on in Mark's interviews, it seemed that he wanted to prove it up and then get bought out. I don't know if it's just me, but I see a change in his actions, and it looks like he wants to take it all the way like he and others did at Dumont.

What do others think?

[Shwayjao]

There are four basic groups that may want to be a strategic partner with CNC; They are 1) Industry leader. 2) Automaker. 3) Government. And 4) Left fielder. My breaking them down leads to one in particular. 1) Industry leader - No. Any leader would be a full-on buyer as compared to 10-15% investor. Which industry leader would want to possibly be in partnership with one of their rivals, or lesser

[evnut1980]

Thanks for the ideas, interesting!  You may have already seen/read this stuff, but I'm just learning the details about it now..  from July 2021 "BHP is announcing today the signing of a nickel supply agreement with one of the world's leading sustainable energy companies, Tesla".. through BHP's Nickel West in Australia: https://www.bhp.com/news/media-centre

[Shwayjao]

BHP would be a great fit, for sure. However, that would be, hopefully, a buy out later down the road. My thoughts were on the strategic partner to be announced shortly into the new year, for a stake only (in the 10-15% range), as compared to a buyout completely. Cheers

[evnut1980]

Got it...   Would a company like BHP want to be the strategic investor at 10-15% to help develop it?  And then buy it out in next few years??   Wyloo had a large stake in Noront before buying it out.  Just curious. Thanks.

[SamMc1969]

Mark has stated it is someone who definitely understands Nickel sulphide deposits like this. So that leads me to believe it is someone like BHP. Not sure many car companies have a great understanding of the mining side of things. That being said, Elon Musk and Tesla seem to be way ahead on this so another BHP/Tesla deal would make sense....especially with the carbon credits. Glta

[Zip10005]

GLTA !

[Shwayjao]

As per evnut and SamMc, points well taken...

[GnuckyT]

BHP with an office nearby went and invested in Africa instead. 

[EndZonefor7]

I'm sticking with a base metals company as I keep harping on Voisey's and how Teck came in for 10% but was then never even got involved in the bidding between Inco and Falconbridge. If BHP is the partner then they may try to control things too much even with one board member, so I'd rather see them come in later to the game. A carmaker, or related to a battery chain player could be

[apapas1973]

I think you're on the right track endzone. It'll be a large base metals company with vast knowledge of the business. We will also have access to their deep pockets IF NEEDED and any geologists or anyone else that will help speed up the process to get CNC I to production... Car manufacturers I just can't see getting involved on the production side. They just want the material. I think

[EndZonefor7]

Yes apapas, having the actual mine builders/engineers access would be huge. Any of them would be anxious to team up with what could be the global leader of the first true ESG zero carbon mine. Which leads us back to if there are multiple last minute bidders in play, thus the unexpected delay ?

[Seahawk001]

There's an interesting read on a site that posts oil and gas prices, oilprices.com. If you scroll down to latest energy news there is an article about Glencore, BHP, Rio Tinto. The heading is Big money eyeing metals over oil. I don't know how to post a link etc but it's east to find if anyone wants to read it  glta 

[evnut1980]

Here it is Seahawk..  https://ca.sports.yahoo.com/news/big-money-eyeing-metals-over-220000838.html This is exactly why I invested in CNC.  The EV revolution.  Big oil's days are over and metals are the new energy resource.  Climate change is finally being taken seriously.   I have been super pumped and confident with CNC... except for this week!  I've

[GnuckyT]

Multiple bidders... this was two months before Mark's infamous so many strategic partners bidding they had to get an extra long table and chairs. December 27, 2021 this did not age well.

[Ivorygull]

I agree Endzonefor7, that it'll be a base metals company since Mark has already stated it will be someone who knows how to mine. A week or so ago, I did say it may be BHP and Tesla since they have already made an agreement on another project, and I see someone else has mentioned that fact now as well. So if it were BHP, that might make it easier to then get a car company, ie Tesla in on it

[EndZonefor7]

Very good points Ivorygull. A combo with a carmaker and a major would be very possible. GM and Ford are prime candidates as well wanting to put out hundreds of new models by 2025. Tesla wanting net zero nickel does make the most sense to offset all that high carbon China nickel. Not to mention the carbon credits potential which could be massive.

[GnuckyT]

More strategic partner lists... LOL December 28,2021

[GnuckyT]

On Christmas 2021.... EndZone talking up who the strategic will be.  Again all aged badly.