RE:RE:RE:RE:RE:RE:VRIC/AME Round Up ConfrencesCould be a number of things:
- Cynthia signalling buyout to companies and exploring final competing offers
- Getting additional financing that increases the final buyout price and/or reduces financing risk for IMG
- Gauge interest on operational partnerships with IMG moving forward (especially if Cynthia stays on in an advisory role on a more casual basis)
As I mentioned previously, they can delay material information if they believe it will be prejudicial to their interests. This may be why - if price or structure hasn't been finalized and they're still fielding meetings to improve those things or to move financing/partnerships forward.
Plus, remember that at some point IMG has to partner with a mining company to extract resources. If not at surface level, then definitely for underground mining.
Just speculation, but LME and IMG may have an unofficial buyout range and could get financing for the lower end of that range. If they can't secure additional funding, they'll move forward with the buyout and they announce something in the 2.5 week span before VRIC/AME and the AGM.