TSXV:ELXR.H - Post by User
Post by
keeniinvestoron Apr 10, 2019 10:41am
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Post# 29606703
Regarding Italy ...
Regarding Italy ...Currently they have 3 pending deals - 2 with LOI's but no agreement yet and 1 with docs waiting TSX approval for 5 mths now.
1) EB (mch 12/18) - o/s 1 yr + 1 mth ....... 49% + 5%
2) FREIA (oct 23/18) - o/s 5 1/2 mths ..... 35%
3) EASYJOINT (nov 12/18) - o/s 5 mths . 47%
One would hope that after the issues with EB deal they accelerated the learning curve such that both FREIA and EJ agreements were written to avoid the same problems. EasyJoint's final docs have been with TSX for 5 mths now. What's the issue? What's missing? Are they waiting for EB and FREIA deals to close at same time? If so, why the need for that?