1MC 3.23% 3.0¢ morella corporation limited

Ann: Extension of time to convene second meeting of creditors, page-48

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  1. 1,707 Posts.
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    Maybe a US SPAC/blank check company will put fwd the money to pay down the debt and recap AJM and bring it public to Nasdaq/NYSE.

    I don't see how PLS will chew down the whole project with such a low ball offer. Nemaska went into receivership in Canada and now Livent together with Paliinghurst Group paid down the debt and have it up and running once more...and Nemaska wasn't/isn't even operable...AJM is up and working...what is the underlying value of such a business in a EV world?...certainly not the value of its debt!
    Last edited by astavrou1: 20/11/20
 
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