Yub, besides the "money for the boys" bit, which adds a bitter taste to my mouth, it was going to happen that BCN would want to offload their shares. A sudden death to one of the directors sped it up. Now seeing ARM was involved with the negotiations, hence CSD management, I'm thinking (maybe wishful) that CSD management have it all planned out.
Yes, it was unfortunate timing in the short term but....???
Settlement is still not complete, DFS not out, drilling results apparently 2 months off... Who knows what's going to happen but current macro economics would have killed momentum anyway. Perhaps JB, Ralph and Co just might know a little more than me.
As they say, in Ralph and JB we trust.
;-)
Personally, I wait patiently.
CSD Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held