The real reason, this is no surprise ( as I suggested )last week this was coming, with delays to the PEA over promisong and under delivering ( forget COVID 19 ) far to many companies
using this as just an excuse.....really, the real problem is trying to cordinate a meeting with the exchange, IIROC and the securities commissions to fundementaly argue the points for the "SPINCO".
There in lies the real issue, but I guess to some degree Covid 19 is a cuplrit as people are stretched working from their homes.....no matter where in North America they may be....
J 103 Head winds are still the same, "Say what you do and do what you say" Business Principles 101 Still "Lovin" the deal, company needs to better manage expectaions after all its not us saying PEA being delovered in March 2020! Right?