Strat the fact the company looking at the assets did not sign on the dotted line before the exclusivity period expired is not a positive. Yes this does open up the door to other parties but do you beleive other companies are lining up at KIK HQ to look over the assets ? The original terms would stil be valid unless they have struck a deal in otherwords they can keep the wording the same until someone signs a deal on different terms or the "interested" party notifies KIK they no longer are. Has anyone questioned why the terms of a possible farm out have been released but not the farm out party ? It has been a thinly vailed exercise to fleece existing shareholders of funds to continue funding management. Of course things would be different if tindalo had gone right but the JV would have had to have used common sense which is beyond both companies. The fact remains KIK have serious issues pertaining to the way the company is run and disclosure to the market . The one thing going for KIK is the market has such low expectations even if they stuff up once again it will simple be another day of KIK management.
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Strat the fact the company looking at the assets did not sign on...
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