RE: CF7310 Apr 2018 19:49
Curo ... you wrote "My reading of the situation at the moment is, that George is on the horns of a dilemma, (hence the engagement of a reputable financial advisor). "
Why not e-mail the company instead of guessing ? The response I received was "it is common practice to engage a financial advisor to advice the Board on a transaction. And in the case of Brandon Hill, they have further introduced the Company to a number of other parties which are looking for tungsten off take."
So waste of time sitting there coming up with a story when all you have to do is e-mail the company and find out the facts.
I do believe though that there will be a resolution at the AGM to raise the share cap to allow a JV company to take a % of PREM. Whether that will lead to an offer further down the track I wouldn't want to speculate on.
Regards
IHNC