RE: BoD8 Jan 2020 09:31
DJ a long time ago LR said something to me along the lines that the worst way to get a good deal through is to put up the for sale sign. They have to position themselves so that different paths remain possible, going back to MC comment about the silver giving us funding "optionality", I think that is partly a message to potential buyers that we might look at JV or offtake arrangements. Finally, someone else mentioned concerns that with the SP in the doldrums we may get a daft offer, for all we know we've had daft offers but it doesn't matter the board don't have to put them to shareholders. I think things will remain cloak and dagger until a clear credible and attractive course of action whether JV or sale is proposed to the Exec's, only then will it be recommended to shareholders and due diligence will start.