And put simply if they did not want it ...they are big enough and ugly enough to say ...NO
In my opinion, it will get up and going before the end of the suspension.
With this being potentially a 300 million plus deal ...and that their finance director is new to the board and yes they are a big company and we are just not at the top of their list of priorities and obviously requires a fair amount of time to go over documents ...I like this suspension as it does make it loud and clear ...WE are ready to go.
I read the suspension update and I believe it’s as simple as it states,
NMDC are still interested to go ahead and yes we already know they gave pre-approval, so before I won’t be jumping ship, I will just stay on board and wait out the suspension.
ECT Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held