Developing phosphate interests in the Georgina Basin, Queensland, Australia

Free
Message: The partner announcement need not be delayed until Gov't permits are complete

May 31, 2011 09:31AM

May 31, 2011 10:40AM

May 31, 2011 11:42PM

Jun 01, 2011 10:46AM

I expect that any partner announcement will be contingent on the receipt of final Government licenses and permits, but see no reason that the company should delay an announcement while waiting for the permits to be issued.

Nomura has been on the case since year end, which is why I am anticipating them closing a deal soon. Given the interest in this industry, it shouldn't take much more than 6 months to cut a deal of this magnitude.

I must admit that I am growing impatient as the calendar slips by, but still expect the risk / reward ratio to make it worth the wait.

Share
New Message
Please login to post a reply