GREY:WFEMF - Post by User
Comment by
TechOneon Nov 20, 2012 6:51pm
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Post# 20624260
RE: Today's presentation
RE: Today's presentation Don't know the background to that if some one ever asked that question before or not.. To me, it was not news..
Most of us know the story and the process well enough to draw that conclusion because any loan either by IMC and/or the Bank will have clauses with claim to the property should things go bad so I did not expect it to be two separate isolated deals.. We did know the Bank would like to see IMC equity and participation to raise their confidence before they parted their money after their own DD..
So now the Bank has concluded the DD and Brian is rushing back to Korea.. Let's hope all of this is put to bed soon enough to completely derisk the project.. Dundee seems to be quite confident and supporting the share price..
Hopefully, we will all be very happy by year end 2013..