i can completely understand the seller pov, essentially a lack of faith in anything materializing timely, and into no cash.
the holder pov, is a bet, a punt that as the sp is so priced for failure, that it offers more weighted to success case. ie more to gain than lose at this point.
So i question, have the 3 poc awareness of the urgency of their actions?
If they dilly dally, they may have no boat to board.
In weighing risk, how far have these 3 poc understood the need to expedite matters? Simply, they cant afford to dick about.
And can Alan Boyd step in, perhaps with Chinese connections to keep this afloat, with or without Indo and or brazil commercializing in the quarter?.
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