Re: Using old numbers in 2012
posted on
Jan 16, 2012 06:22PM
We keep speaking as if tEck is in control, i.e. teck wants to complete another aqjuisition first, so they will not back in right away. However, Tommy, you hit the nail on the head. They will risk giving away part of the future control over the project if they delay too long. Also, they risk a bidding war with other larger players if they don't move soon after the initial BFS.
I don't like predicting timing , but will go out on a limb and say that things will begin happening soon after the BFS is announced, possibly the same day, but no longer than one month. The problem is that I don't know when the BFS will be released. Still hoping for this month , hopefully this week.
Rip