Sav-J wrote:
"Well, looking at the chain of events, and this is purely speculation, it came to my attention that with the looming s249 to remove the current Board, is it possible the Board may now be 'rushing' (or as they've put it 'expediting') a plan to select and close a farm in deal to given the impression they have achieved something during their time at the helm?"
Sav-J, firstly great to see you potsing here again.
As to this point above, it's my understand that when a bard receives a s249 notice they enter caretaker mode until the meeting. In that case, wouldn't meit mean that when the board receives the notice they won't even be able to enter a MOU let alone a JV/farm-in with any third party?
Thanks,
Karl
thoughts on current events, page-7
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