Q3 2023 is when they are aiming to "conclude" negotiations. It...

Q3 2023 is when they are aiming to "conclude" negotiations. It is not a "hard" deadline as some have suggested. If negotiations remain ongoing come end of Q3, expect to see an identical announcement advising a binding agreement targeted for end of CY23.

The "Return of assets" is conditoned upon the "Process fail[ing] to deliver a binding agreement". In the absence of a drop-dead date, the point in time at which the Process is taken to have "failed to deliver" is a matter entirely within the BOD's discretion.

Given the escrow date of June 2024, it's conceivable that the "Process" could be drawn out until at least end of Q1 2024 before it becomes untenable for the BOD to persevere with it.

TLDR: it's a nothing announcement.