RE: Drilling at Cacao6 Jul 2022 20:57
Educated speculations I would say. How do we get within weeks of the FS and then suddenly it’s months? It’s not a secret that there’s been interesting visits to the data room. Nic needs the tax revenue and will be looking favourably at big investors, who in turn will need good grades and economies of scale in country. We know a lot about La India, Mestiza etc but to justify the premium to shareholders ‘data roomers’ would like a little more on Cacao? 3500 on 5000 could already be awaiting results, or more interesting is they may go further than the 5000 to squeeze out more juice from the sp. I’m at a point now where I’m looking to this thinking the risk/reward here is better than I have elsewhere so may switch funds. 25p is increasingly tempting.