tick tock tick tock - SOC financing?Canaco was vocal that a settlement would be reached on or before November 29th.
I think the longer the settlement takes, increased power moves to the Sonora side of the negotiation.
Paul, Joe and Gulio (SOC's big three directors) are experienced players who have negotiated much larger deals than this one.
A few comments have been made about SOC not having any funding - please be asssured that when Sonora needs money, it will arrive at ligh speed. Paul Matysek (SOC director) just agreed to a deal worth over $400 million to his shareholders of Potash One. As President and CEO he has alot of very happy shareholders who would be delighted to join him on this next venture.
Money follows money - Sonora can be financed in a couple of phone calls.