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Once due diligence is being concluded there are multiple stakeholders and advisors involved, banks, lawyers, senior company folk, specialist consultants (environmental, mining, H&S, geologists , ESG….etc)
This is why deals, at DD stage are concluded quickly (12wks) when NDA’s and competition are in place
This smacks of nothing of the sort
Never anything substantive regards these mysterious’interested parties’….
I’m not aware of any other potential transaction where the potential suitor has stayed confidential for so long…
Remember Mike Hammond tweet….
Any 2023 mining update…..
Okfornow
Unless you’ve missed it there’s been big sales for the past 2years
Precipitatious sell for the past 2 years.
Please please look at the chart.
Ever since the Mike Hammond tweet, when was that?? The BoD have failed to provide anything material regards a buyer … coupled with doing very little actual mining or proving of resources.
This year all the fanfare regards the dragline… but zero numbers or commitments on what will be mined at what cost and for what profit… it’s nearly June!!
How is this company investable?
Leno
There is a reason it is speculation…
Because the BoD have gone to ground… for the last 3 years
You too are very blind, assuming a huge sale will happen because apparently some folk are still at the table…
Hardly high value professional M&A….
Remind us Leno of the amount of booked resources EAU have… and do you have any idea whatsoever how profitable WK will be this year, using numbers,
KoC
Any investor should be questioning the BoD especially with the unclear strategy and execution of afore mentioned strategy .
DD complete???
By whom? And of what? And for what cost? And against what programme?
Nobody has any idea….