Steve55Long and short is that it needs regulatory acceptance that NGC can pull off this tranistion with financing and accredited personel all of which, by reading the news releases, is coming together.
Best of luck boys,
Lynx9
From the Ottawa Citizen,
"The parties are targeting Jan. 15 to close the transaction, but have pencilled in an alternate closing date in early May."
I do believe in the news release they were targeting Jan 15 for regulatary acceptance but I believe financing may take a bit longer, perhaps into May.
Dec 2 news release,
"Completion of the Transaction is targeted for on or about January 15, 2022 and is subject to customary closing conditions including closing of the related acquisition financings and receipt of regulatory and other approvals, including the approval of the TSX-V and for the acquisition of JVCo, the approval of the Namibian Competition Commission."