Yes but they don't reply to the issues we raise!
How do they overcome the 20% blocking vote that SQM have? Surely if any T/O commences SQM will have the inside running and will at the very least have the right to counter offer?
Some say Creasy will want to cash out but that still leaves Delphi and SQM and others to get the vote up.
Plus
- any T/O would necessarily include the other tenements. RIO tends to not want those, they would if anything want an asset sale.
- how does any T/O proponent value the other tenements bought from Mark Creasy and which are choice tenements not just rubbish?
They just side step these key issues, and start up the T/O routine again.
I wouldn't mind, but not a very credible approach to discussion IMO.
Add to My Watchlist
What is My Watchlist?