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8.2¢ alliance mineral assets limited

Ann: Extension of Voluntary Suspension, page-12

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43

04/01/19

21:29

Post #: 37029259
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Originally posted by Buzz Roman ↑

Could Burwill's "right of first refusal" be contributing to the delays?

Since TH at pre-open on 21/12, we have missed 8 trading days. This will become 13 days if the full suspension extension is used. Hopefully we won't need that much time.

If the current negotiations were just 2 parties (A40 and Burwill), it should have been plenty of time already, given past dealings with Burwill were concluded swiftly during TH.

Therefore, my thoughts are there are at least 3 parties involved.

I think the most likely (and positive) outcome is a similar update as AJM recently announced last month.

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Could Burwill's "right of first refusal" be contributing to the delays?

As in refusing to send a ship?

A40 Price at posting: 25.5¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

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