I like to think the Chinese buyers were so impressed by their visit last week with Mitsubishi to Mt Cattlin, that on the flight back started discussion to draft the agreement to buy the entire sight outright instead.
So the board is now aware and involved in the drafting/negotiations between China buyers, GMM/GXY and (certainly Mitsubishi is in too).
Anyway … this announcement is certainly the most exciting of the year!!
And IMO may not be all rosey, specially if too many parties need to be pleased.
I have complete faith in the board and their judgment and looking forward to more exciting times (no matter what happens).
Much MORE to come and GLTAH!
GMM Price at posting:
61.5¢ Sentiment: Hold Disclosure: Held