Trader250: that sounds encouraging. Can you say who you have spoken too at EMED? I assume they are indicating AAU will be granted to EMED before Xmas. Volumes are picking up a bit so this could start its re-rate pretty soon.
As regards the query regarding a timeline, I am advised by the company that all seems to be track to obtain AAU reasonably soon. Everything at long last is falling into place and I see a material upside and re-rating certainly before Christmas.
Still think this is worth a great punt to get 80% upside in the targeted run in to the permit on speculation alone! This will not do much more that 14p IMO over the next 4 weeks but still a great bet for some to top up and get a short term return
Hi Mate, what ever the outcome of the consultation it cannot be denied that it is taking place and due to be resolved year end/q1 2014 and whatever the outcome this will rise on expectation so 12p is a low end target during the next few weeks. I think you will agree that that target is not ramptastic and very achievable?
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