I have been quiet on Hot Copper for many days with other things I have been doing, but I keep looking back at the last release from Michael Wee.
When considering my own experiences with pulling out from untenable contracts and changing over to more reasonable contractual agreements, I know it can often take months to get the paper work/negotiations tidied up. And that is for Private companies. Don't forget we have an extra layer of fiduciary responsibility with the ASX involved. Virtually two layers of approvals for a deeply market sensitive changeover.
I appreciated the level of detail that Michael Wee went into to explain to the ASX/market, the difficult transfer of contracts, during a holiday period.
I guess we have to wait, as mentioned in my previous post.
Cheers....59
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