June T20, page-7

OK here is my thinking and I have done it quickly so please don't be too critical.

They would have got a report on Monday or Tuesday. The BoD’s would be looking over the report and probably getting advice on what direction to take.
Possible scenarios

1. No takers. Going to production. News released straight away. ( Hasn’t happened )
2. Takers but at a ridiculously low price. Going to production. News released straight away. ( Hasn’t happened )
3. There is a taker which the Co. are interested in and will need to talk further with. News released straight away. ( Hasn’t happened )
4. Could be a taker from another Australian Co. in which they need to talk with further and need to nut out some price sensitive information. Could be the reason for the delay.

I expect people to put some holes in this but think worthy of discussion. Any other ideas would be appreciated.