RE: Dr Rimington4 Apr 2024 08:13
Island girl you are right it is going to be explosive. It's not a matter of IF here for the grades. It is going to be a given. Bhargav alludes to it here. They have had plenty time to set the script and news flow for the next while. It actually makes complete sense to create a stir, add fluidity to the market, show the market just how good Pepas is. This attracts JV partners (if this is the road the want to go/ if not already bagged) and finance. They have the same problem funding as any other junior does. That's part and parcel of this game. They are shouting from the roof tops, they want the market to be eating out of the palm of their hands. It's not even begun. It's a risky game trading, especially if you want a decent holding, can be very difficult to get and once confirmation is through, it will be NT fact. Still little early on timeline that's been given. Of course, Brad could have tricked the market and overcooked that timeline, like it could be delayed...
Though the fact they got cores from MMA suggests the deal is done, it's moving well. I'm going to plump it will quicker than anyone expects, but that's up for debate.