1s1, I agree ... unless the LOMOB buyer knows more than us mere mortals ... and they may also know (or be the person / group) that is also doing the LOM dumping (potentially to themselves and in-house) whenever they sense upward pressure on the LOM price.
I agree that things usually take longer than anticipated ... although I suspect that we are now in the "longer than anticipated" period and hence anything announced in the foreseeable future is long overdue and it was anticipated that it should have been announced / completed last year.
The LOMOB buyer is either "in the know", very gutsy, confident or (in your opinion) stupid ... and I suppose we will never know.
Strange that the LOMOB buyer is willing to place a bid that is $0.005 (12.5%) higher than the next highest bid \ buyer ... in order to make themselves look stupid, and try an tempt someone to sell to them.
GLTA LOM holders (including the LOM Options)
zippy1
Options, page-7
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