GREY:NMKEF - Post by User
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TFSAfundson May 05, 2020 4:49pm
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Post# 30989883
RE:Next deadline in the SISP process
RE:Next deadline in the SISP processHas anyone heard of any developments re IQB?
mick1888 wrote: is 30 April; (i) Reconcilliation of Claims, and (ii) Identification of Qualified Bidders (IQB)
I hope we will be notified of the results of at least one of these deadlines, this being the IQB. This information will confirm ultimately where the project is heading, it will indicate whether it is likely to be bought 'lock, stock and barrel', or if there is going to be an investment partnership. It would be unfair of both the courts and monitor to keep investors in the dark over this part of the process, as this deadline will be key to the direction of the project and the future of existing stakeholders.
Although the IQB deadline will not result in a definitive outcome (that comes later when bids are accepted end June). it will be a good indicator of where we are heading.
GLTA longs