RE: Timeline of M&A...12 Feb 2021 11:08
Really??
After 1.5 years you think they are at the stage of data room access?? And that is just because they have told us they have non-binding offers right, and in that schedule it states that is before data room access?
No chance, non whatsoever. I almost used a swear word...
This is much further ahead. Simply because if not, then they would have activated the Sinosteel deal last year summer as that would put more value on the table by now and this BoD is after quick value as they want to chase other projects as we know.
If I've got this wrong, which I'm convinced I haven't, then we're screwed short term as this BoD would then have proven themselves incompetent, after being sooo shrewd until now in getting plots and licenses. Yeah, right.
So, there you have it. That's what I think of that list.
MS