Is the paper mill infrastructure at Amos worth the outlay to buy it when SYAQ already own land at NAL (only 29 km away), where they could build a refinery on site?
Apart from other paper makers, who else would want Amos?
In 2020, Resolute had net debt of $CAD443 million, which leaves them economically vulnerable, despite what the CEO had to say, (as he exited the company).
https://resolutefp.mediaroom.com/2021-02-04-Resolute-Reports-Preliminary-Fourth-Quarter-and-2020-Results
Could SYA offer equity in a lithium hydroxide subsidiary to Resolute in exchange for the infrastructure without the need to raise finance?
General Discussion Topics, page-108635
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2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $236.7M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.5¢ | 2.3¢ | $337.1K | 14.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 14483458 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 5943785 | 11 |
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