Re: on a conference call with Dave today
posted on
May 07, 2014 08:24AM
RST--:
I'm thinking (my thoughts), that the "conference call" was a rather brilliant way of circumventing strict NR public company "rules".
This allowed Dave to a) voice his true disgust about Scotia; b) demonstrates his intent to build a mine (mine -ready stage?); c) has means of thwarting any low ball takeover via some undivulged means.
Could it be that by taking PRB to the bankable FS stage, this forms the basis of a fair buy out value in the opinion of shareholders. Eg a friendly buyout.
The conference call technique also gives an idea of the timeframe: .....2 years?
Peter