Ann: Sal de Vida Update, page-18

Clearly, you are no strategist or even any good at poker. It's a process. You don't come out with one play, or your best card. You show a little patience and you drive the agenda.
This announcement tells the market exactly what AT wants the market to know:
1. the money from POSCO is as good as in the bank (even earning interest on it)
2. there are multiple offers on the table (you only need 2 to make a good auction)
3. development work at SDV is continuing and unaffected by any commercial negotiations
4. SDV is a world-class, LOW COST asset, with excellent economics
5. GXY can go it alone if they choose to..... in other words, put your best bid forward or see ya later!!!

I wouldn't expect the naysayers or the uninformed to rate this announcement. But, it's not for you. This is a message to the bidders: "Negotiations continue to progress, so the Board has resolved to formally extend the process timeline to ensure proper consideration is given to the strategic merits and proposed terms and structure of each of the offers."

Looks like it's a case of sharpen your pencils!!!