Re: Exceptionally good news
in response to
by
posted on
Nov 18, 2019 11:59AM
NBB ... Don is indeed talking about the need for partners, and stated today that multiple discussions are underway, with more planned.
I would like to know the details also, and SURELY the rest of the market would like to know.
But the names, types, details, timing, etc ... is probably under CA. Plus, just not "good practice" to talk openly about ongoing negotiations. These are EXTREMELY private strategic matters within companies, at least till they get to a very advanced stage. Not to mention, there is likely competition in the discussions, and while RVX probably doesn't mind other BP's knowing they are not the only one in discussion, it is typically best to keep information close to the vest.
RVX is probably trying to uncover (in reality, at this stage) what they are actually worth as well, via multiple negotiations?
Just not the type of things you want to talk publicly about, in any type of detail, until finished and a Definitive Agreement is in place.
Besides .... NEVER mention a no-hitter in the 7th or 8th inning, or ever actually, till the final out is recorded.
Don and RVX knows there is work ahead, with time/expense, and yet seems really at ease with this issue ;)
They do not seem eager to go out of their way to allay finance fears either among the investor minions ... they seem quite confident. To me it looks like deciding the best path, among options, that are currently being negotiated, with ever-increasing leverage and pressure to competing BP's ..... TOTAL SPECULATION on my part as an fyi .... all jmho (tea leaves) .... and it is based mostly on the 1) the "close to proven" status, unmet need, potential ROI, 2) the need for cash moving forward, 3) the public statements my Don that these discussions are underway, 4) Don's sunny dispositionĀ
jmho'sĀ