I agree with what you say except the PR. His investors know what they hold (or should). They did not need reassurance.
And Yes I am saying the Chinese are going to choose very low grade to deal with.
They already have 51%.
Not in this world they dont. They are trying to get 51%.
So Scott says....
Two of the assays returned Nb2O5 (niobium pentoxide) results of 0.86% and 0.51% respectively. A third sample returned negligible Nb2O5 results, with 6700 ppm Ta2O5.
So if these were the 3 samples the Chinese took they would toss out the .86% and Throw in a lower number and say
"Well Scott Our samples came back with 0.51% and 0.17% respectively. A third sample returned negligible Nb2O5 results. We are still interested but I would not be able to give you $20M for 51% I would give you $20M for 80%"
It would be feasible to get those results knowing Scott had a sample with nothing in it.
If the Chinese results happen to come back at 1.02%, 0.83%,0.68% We would have a signed deal now. Or Scott could potentially make a better deal. This is a business negotiation it is very fluid and anything is possible.
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