Hiding way to much behind the fall-out from COVID-19. It's all very well to use this for ' Producing ' assets , mines , and other aspects of the economy - but no reason to continually delay a ' Bankruptcy ' proceeding and potential Industry ' Restructure ' . As we've already seen with their Bill 61 suggesting a simple ' streamlining ' of Environmental processes . And that looks set to be debated in it' own right for another 3 - 6 - 12 months possibly.
Definite stalling tactic in my opnion. However , I wills say what I have always thought , and that is that the deal was pretty much anticipated to include in some way the 3 of them - ie Nemaska - NAL - Sayona - and perhaps a 4 in Galaxy also participating ( which I've already suggested some reasons )
I just wonder if they are ALL going to play nice at the end of the Day. That's the biggest concern for me.
And one has to wonder how they can get away with some of the highlighted statements below if there wasn't a high degree of ' Truth ' lying in behind . Is it REALY Lying in behind , or is it just flat out Lying to shareholders. Don't reckon we will see the REAL ' Truth's ' until July if not August - again in my opnion. Namely because that was originally the anticipated dates expected on a ' fully ' finalized outcome for Nemaska
.Highlights
• Bidding process extended for North American Lithium (NAL); Sayona confident of successful bidbased on world‐class support team and unique competitive advantages
• Transformation of Québec lithium sector underway amid restructure of Nemaska Lithium;Government fostering electrification as part of post‐pandemic recovery efforts
" Sayona is confident of advancing its bid for NAL, following positive talks with potential investors andfinanciers concerning the Company’s turnaround strategy. "
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- Ann: Sayona Momentum Builds as Bidding Process Extended for NAL
Ann: Sayona Momentum Builds as Bidding Process Extended for NAL, page-9
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