Re: Non-Core Assets to CASH
posted on
Nov 24, 2012 06:40PM
For sure. A spinoff could be another way to go. I suspect they have looked at it but it's tough to manage one company let alone two when your riding an exploration rocket. As a very lean organization I suspect that the demands to keep ahead of events in the field and the market may make it impractical to dedicate the effort and resources neccessary to pull off a spin-off at this time.
Either way the key is to unlock the value in the chrome proprties before timing and events overtake us. Either a spinoff or a sale would do the trick. Long term I'd rather hold shares in a spinoff but I'm guessing that won't happen.
... Been There