Maybe the transaction is not going ahead as the difference between fair market value of lithium and fair market value of gmm are a long way from each other. You can manipulate a share price but can you manipulate what the Chinese is willing to pay for nmt lithium?
My maths from the previous post:
$19.5 million *2 = $39 million (50% share based on nmt)
$39 million less $7.5 million upfront payment = $31.5 million
Current market cap pre deal = $8.5 million
Maybe the transaction is not going ahead as the difference...
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