RE:RE:RE:RE:Boy these tax loss sellers are really last minute sort ofI don't have the inside track like contrarian does, but I imagine we will see a few press releases etc. in January and some news on their plans/progress and maybe a dividend finally. Our cash inside the JV was 37 million at the end of last quarter. With the existing recievables plan recall any pay-out passed a threshold we get our share and their share. Now on the other hand most viable companies don't need a "recievables plan" to get their clients to pay them. Most companies wouldn't do business with a client or a partner that doesn't pay them. So in that way we are very stuck.
thenorthvanman wrote: Bottom line is they have to demonstrate they are a profitable business. The market has completely lost faith in them and thus far they have been proved right with Sherritt losing money despite Ni being the highest in nearly a decade and Co at multi year highs. Q4 better be a profitable Q.