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JustForFun7

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JustForFun7

Re: Implanting post# 18118

Wednesday, 10/31/2012 10:33:21 AM

Wednesday, October 31, 2012 10:33:21 AM

Post# of 26631
No doubt Inmet is pushing the envelope with the amount of time given to find another buyer but they have done their homework in terms of what BCSC and courts consider sufficient time. I am not sure when the clock starts...when Inmet publicly stated they are interested or when they made their first offer. I think PTQ might be able to argue for more time.

It will be interesting to see on Nov 6th if Inmet comes out with stats on how much interest they received to their offer. Not much chance of them getting their 50.1 % but a significant uptake would set them up for another offer.

Hopefully alternative negotiations for land access are also taking place and making progress.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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