I always forget about asking about the PP. It's complicated. Peter has some obligatory relationship with Pope whose gathering the financing. Through PM's there seems to be people who are getting frustrated who want to give Smith cash at offered price, but Pope is playing favorites and is taking longer then need be. An additional complication Smith mentioned is that Pope suggested increasing the price because of news coming. Who can tell what the SP will do givin a NR. Anyway, seems Pope wants one more week. And Smith reiterated that they don't even need this money. It is just backup motivated, at the time PP offered, in case it was needed for Magpie metalurgical work, operational expenses, and other non-specific items.
When it comes to business, there is a balance between favors and money-motivating neutrality. Smith needs to redo this one at the next PP. Try not to clog the boards with Pope-related issues, it will only frustrate folks looking for data. And really, we don't have data yet, just anticipation. This is the way it should be until a NR for all.
Good weekend, -stockgreed