How should we interpret this? Should we view it in a positive light or a negative one?
[1] Does this mean, we have not yet found any buyer? Or
[2] Is there a bidder who is hesitant about writing big check? Or
[3] do we have an existing offer but aim to generate more interest from additional parties? Or
[4] Nick is considering constructing a facility instead of selling the entire business, leading to a potential high-value liquidity event?
Appreciate hearing everyone's perspective.
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Paul Rennie, MD & Founder
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