He expected all applications to be approved within a matter of weeks or months.
This is only his expectation of how long it would take.
I would suggest that an approximate time to start expecting some action would be May, at the earliest & it could be even September with patience starting to run out by December.
It is no fault of Toby's that is taking so long, it is a lengthy process with many i's to be dotted & t's crossed.
Even if this takes until next year, the ramifications should be enormous. This is a once in a lifetime opportunity & I am not selling anything under $5.00 & even then I would only consider selling less than 10% of my holding. Another 10% might be sold if we get around $20.00 but the rest will be kept for the return of capital & dividends.
You might say that I am rather positive in my expectation of the outcome.
SMN Price at posting:
98.0¢ Sentiment: Buy Disclosure: Held
