RE: George's funding short term26 Jul 2023 09:54
Canmax could come back to us - or not
there could well be multiple other interested parties - but how long do you think it will take to organise a new deal?
talks with interested parties can only go so far, with canmax still at the table
They can only proceed to fruition if canmax do indeed continue to walk away
then with the clock ticking, can a new deal get through discussion, the lawyers and red tape, before the deadline to pay canmax?
just ask look at kod - how long does lawyers, red tape and admin take to get a deal signed, is 90 days enough? Yes its completely different situation but it shows deals can take a lot longer than you would anticipate - and THAT is why he needs the headroom