Of course for some Time Horizons they would need to be specific on for what particular GOAL the Time Horizon is specified for. They may not and often likely should not state a specific Time Horizen for a particular event to occur but the Objective must be clear and complete.
And ALL these Directors have had much experience with Stating Objectives and know full well what a Statement of Objective is. Thus, we can expect some very good if not crafty Statements of Objectives attached to Broader GOALS.
An example would be:
The BoD will be making arrangements to Sell XXX Asset given a specific set of Conditions within a designated Time Horizon, though for Negociating Reasons, while having the Conditions clearly stated, we the BoD, can not reveal the Time Horizon for this particular Asset Sale for purly strategic Purposes.
A Second GOAL with accompaning set of Objectives could look like the following:
The Company will be making ALL necessary arrangements for bringing YYY Asset into Production (in part or in full) within the Following Time Frame. The BoD desired means of accomplishing this Asset Production Development will be by the following method(s). And the Funding needed to Accomplish this Specific Task(s) is/are as follows; a)... , b)..., c)..., ETC..
This is how a Company under our current arrangement has to proceed in the very near future. And doing so will be a clear signal to both US Share Holders as well as serious On Lookers that the Company has specific GOALS in place and a clearly layed out Plan (Objectives) by which to accomplish each and every stated GOAL!
Then both ALL Share Holders and ALL On Lookers will know exactly what each has to expect and act accordingly.
So, BoD, BRING IT ON! JUST BRING IT ON!!!
Old Joe