RE:RE:management has never kept a timeline, with the track record of this management, nothing would surpirse me. They should have learned that if they can't keep to their timelines in press releases, then they should not give timelines in the first place. This has been managed so poorly, it's a clusterf@ck.
If the new ceo is announced prior to Labor Day, alot will depend on whether the plan is to sell the resource entirely, do a JV or start making plans to build a salt factory. it's going to cost at least $250 million to build so alot will depend on what the economics of the FS says.
If it's valued at $1.5B, I would guess $8-$10 max if there's an interested buyer imo