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Newbie_Niobium

11/04/14 11:20 PM

#144503 RE: moojer #144502

I read it when he posted here. I also believe that situation have the ability to change - hence with the SOE deal not being closed, as you pointed out earlier, they required a higher exchange an audited financials. I believe Dan even stated that he felt they could secure financing without achieving those steps to they would not be a value until the JV closed.

They did a great job of reviewing the current market place requirements and made an adjustment to a plan.

IMO - Great move and great management.

Refill

11/05/14 7:23 AM

#144505 RE: moojer #144502

“When the facts change, I change my mind_What do you do, sir?”



John Maynard Keynes is often credited with that quote. Studying its meaning may prove helpful to you in comprehending Dan's change in strategy regarding the need for audited financials.
Good Luck