GRAM no doubt feels they've done all the hard work, too, being a good cornerstone investor, capping the price, shorting it, undermining it at every opportunity with infestations of BOTS to bring it down to the levels we see today so that they can make their magnanimous offer.
I tell you what though, how likely is it that we could have a HANLONG situation? Maybe some would never mention GRAM in the same breathe as Hanlong, I don't know, but could we get their final offer come in and then some long process of them actually seeking the money from institutions in China, to have it all fall in a heap sometime down the track just like Sundance? That'd be good from one perspective (no T/O, go on to develop Frieda River ourselves), but as a Sundance holder I would have to say I am highly skeptical about Chinese funding these days.
Add to My Watchlist
What is My Watchlist?