Hi ANZNot sure I agree with your thinking here. From my...

Hi ANZ

Not sure I agree with your thinking here. From my experience, the bigger the player the more likely approvals and sign off take. On a significant strategic deal like this, the Board will need to sign off. The bigger players are also very thorough and generally leave no stone unturned.

I actually think that 2.5 mths (from close of offers) is good going to get a deal of this nature signed off by a major Board. Particularly if it is conditional and involves extra drills, higher equity stakes, complex drills etc.

Hopefully the delay has been due to the number of competitive offers they had to go through.

Not long until we find out.