I have strong concerns over the "background noise."
Big investors with actual money don't like this sort of uncertainty and definitely not any perception of any lack of unity among existing management of IVZ. Public comment made by Geo Associates in advance of any public information being released by IVZ certainly did not help clarity either.
Plus we have Kinetico Energy (KKO on ASX) jostling for a signifcant seat at the table with the South Africans.
There will be a lot of people waving funding around but when push comes to shove, many will just disappear in a sea of MOU's.
We are soon going to find out how "influential" our current Board really is, particularly as the past CR has been diabolical and our next funding steps have to be well executed.
We certainly have a tiger by the tail.
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