RE: Interview20 Jul 2018 20:14
Trickymatters good post.
READING BETWEEN THE LINES.
GM also mentioned something along the lines that they would get a not so good deal rather than no deal, if required. On AGM he said options for money is required for negotiations as potential buyer knows their situation and market sentiment for VAL to raise more cash.. he also said people might wait to let VAL go into administration rather than buying.. to my little brain it means they are having hard negotiations but people might be dragging it on so that VAL runs out of no ey and accepts anything on offer... If I was buyer I would have done the same - everyone wants bargain. Maybe following approval of resolutions at AGM, things would move faster and probably JV/spin out news will be announced within weeks..
That's just me READING BETWEEN the lines and it might be completely different to reality..
GL