RE:RE:RE:What is the hold-up?L&L,
If BONE does it alone without Osmose, Parts 2&3 will cost close to $1M for BONE.
I seem to recall several shareholders on this bb wanted BONE to do it alone, if that was the case.
To date Osmose hasn't met any conditions of the LOI & TD has stated we will keep moving the process forward to the finishline without them. There is no length of term condition in the LOI document, it's open ended.
I suspect when MMG Capital referred Osmose to BONE there would be a finders fee occurring to MMG Capital and it wouldn't be a small finders fee like in a PP.
This may be the reason why the Osmose process has dragged on approaching 13 months now.
We shall see what this week brings us.
(bb-99)
(bb-99)