What if17 Dec 2020 15:11
Hi all, first post but been here since post suspension, first purchase on the dip of that day at 11.8p and added ever since and here till the end. My thought is this, what if we are not thinking big enough about this sale and process, if this truly is a world class asset to rival Bushveld, it could be several large players are required in a conglomerate and if this is the case, the legalities must be huge. Where has it said that this would be completed by the end of the year?
I think this is just the board general sentiment because DLA Piper costs are great, but if they are dealing with a conglomerate and many, many multiple billions of dollars it could take months yet, Piper's costs would be peanuts by comparison to any final deal. In the meantime EUA could also be applying and waiting for license's to be granted. I have consigned myself to a much longer wait than i had initially expected, but I believe it will be worth the wait in the end.