George,
I simply posed a question about the offtake agreement. I didnt say anywhere that it was in their favour. It may be, but I dont know and you dont know.
Please read my earlier post again. I stated that in my opinion its fanciful to assume the investors believe in the bulk test myth. Thats my opinion.
Clearly each of the investors has their reason for investing and most likely they are all different reasons. There is zero evidence that they invested because they believe a bulk test over a JORC. Any individual who made an investment decision on that basis would get sacked by their management in my opinion.
Big investors make many mistakes. just look at all those who invested in CNP all the way up to $10 only to see them fall to 5c. The fact that some larger player has invested in anything has never impressed me. Larger players are very capable of making larger errors.
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