Thanks for telling me. i didnt realise that, good to know.
Im trying to visualise the stages and preceedures we are looking at along the path to a takeover, in terms of time frame.
Im 40years old, recently divorced and living back with parents while all my money is in WA1.... Its tough business living with cranky mum, but hopefully worth the wait!
Takeover is boom time with me.
I suppose the next necessary step after MRE and met, would be the scoping study some time end of year. No TO offers would come in before that!??. I would have thought a major would want atleast the PEA done if not a pre feasibility study done.
but if it would be at such a low discounted offer if any made before the PFS is done. And thats around 1more months away.
Im holding tight with patience though living with cranky pants mum. I feel the more stuff we get completed the more someone will have to pay. Ideally getting bidding wars happening after a DFS is done. A complete DFS will give Paul maximum leverage in nagotiations hey!?
Patience in building this resource is key!!
but i do wonder how far away a DFS could be?
Mothers day things got crazy over here!!!
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