Hello all, I, like the rest of you, expected to see "something" in the way of a reaction, but hey, there has been so little coming out of the company that we may be in a scenario where it's going to take a lot to get moving.
WRN does need cash, in general, I have little doubt that the sale of Taylor (or part of it) would be directly related to that requirement. However, there are also some other things going on and the cash may be needed to complete the other ventures as well.
I am hoping that this may be the beginning of, at least a slightly better flow of information. I make that statement because I have reason to believe that it is, not just a wild-ass guess. I don't think we will suddenly wind up getting weekly updates, but I do believe there will be more coming, before the Millenium :-)
In terms of my views, on the sale of Taylor, I have said all along that I am not unequivocably opposed to it. I would just want to make sure that we got good value for it and I would want to ensure that the proceeds were used to do something useful for the company.
Salut,
Leigh McBain |
