bharat keen to progress investment in a2 ..., page-24

Thanks for the response Andy.

Funny, I read it differently though. There are no actual firm commitments announced. Just plans. The visit itself is important though, given the size of the company involved.

The tone of the announcement, to me, is one of NWE trying to shout from the roof tops the interest of Bharat, that is, to ensure the price reflects this fact and we are not taken over too cheaply.

I can't think of many instances where a minnow like NWE has gone all the way to commercialization with a international partner. The reason is that the minnow always becomes the fifth wheel (e.g. raising its share of finance).

Would an AWE-NWE merger be possible?

Just my opinion. In the end, whatever way you interpret things, its a good development.