Art on SHU hit the nail on the head why pps is dropping
So here's the question: Just why is it so bad to inform investors about the general nature of any talks? Have they stalled? Are they ongoing? Who is involved? Are there multiple tracks? Which is the lead agency for the government? What is the current role of the IBs? Are they all still engaged? It is just so disappointing having to read nothing but speculation from second or third hand communications for almost the entire last nine months.
gerald. The problem is the economics. The deal won't pencil because the macro-environment has shifted. Nobody wants to dump big capex into PNG these days. The window was 5 or 6 years ago. The "faithful" will not be rewarded here. You do know the insiders all got rich on 2 waves of insider selling I hope. Because IOC is a Canadian Corp. and registered in the Yukon Territory they don't have to file insider trading reports with the SEC in the USA. Suggest you do some DD on Carlo Civelli and some of his prior "deals".