RE: Just to lighten the mood...30 Mar 2021 21:38
Well done mjd......almost Churchilian in tone.
Okay. This fsp sould have been over 6 months ago. It was not.
DS stated January....."more complicated than expected".
So, three options:
Buyer wants access to bigger acresage..... and knows DS has that influence before coming to a deal;
OR: Russian Gov, is saying hod on a minute........these are Russian Natural Resources, we want a stake and influence; (and we want NN);
OR BOD are selling tenaments, and going to so the same with the next nine, extending licences a further 5KM each time under Russian Law...and then sell. (I actually do not think we are that interested in mining itself)
Make no mistake........contacts for each of these scenarios are already drafted. What do you think DLA Piper has been doing!!!!
The activity of the BOD does not suggest we are miners......it suggests we are sellers.
The RNS Friday is the kick in the b.....ls. Whereever this is going.....its on its last legs (thank God!)
My guess: 1 and 2 above. Prerequisite to sale, and Russian Gov want stake influecne in the future (And they want NN involved)
My guess.......complete sale of Eurasia.