Many options and many variables but unless the purchase of Camperdown Powders was conditional on maintaining the CNCA license the purchase will proceed. They need the plant to be able to move out of the revenue risk situation that got them into the pickle they ended up late last year earlier this year. It will enable them to enter new export markets and not be so dependent solely on China (reminds me of MGC somewhat) but the problem is that will take time (i.e. more than 12 months).
I do wonder if another party is not underneath this as a powerplay...if this is the case it will be an international operator and that makes it a whole lot more interesting.
I am still letting my head wander around the various scenarios, options, consequences of both the TH and the news release etc...and connecting back to the CEO and his style of strategic plays and how they have panned out so far.
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