RE: Unknown strategy.8 Dec 2019 22:03
doesn't make sense to me that one mate, if they have agreed to buy it at a price why wouldn't they do it now ?
If NM gets the funding to go to production surely thats what he is intending to do, regardless of what BHP want.
I don't think it works like that re someone like us calling the shots to the majors.
All it needs is one bid to come in from some else at a reasonable price then its a bidding war. presuming there is someone else interested, looks very likely with BHP for example and the quality and size of the resource, which we will know more about when MRE figures come out. I think it was an extra billion 8 billion already based on the metallurgy results recently.?
Its all to play for IMO, and not a done deal already with BHP.
Just my opinion, you could be right obviously.