Great interview..... still think that the threat to take it to production is a bluff ..... either way we make a large amount of money soon or a huge amount of money further down the road
If a bid is accepted you get a cheque( showing my age there).... if a bid comes in at a £ the likelihood good is the share price will overshoot in expectation if a higher bid to follow.... if the bid comes in from an unexpected source then the fireworks will start IMO
Reckon so ..... and soon Whoever is sitting on this with those 250k lumps is giving people the chance to keep loading at unrealistically low prices...... but they won’t be there forever
Very interesting stuff..... thanks Agreed takeover is inevitable, would just like to see someone else step in and open the bidding to really spice things up.....DBW
Has all the signs of an offer incoming anytime..... similarities with Marl uncanny , price being suppressed, great news being ignored and good news being delivered well ahead of schedule?? Only last week they were saying MRE2 still on schedule for December..... they must have known then ......
Thanks ....... no amount of buying or good news will help if this is being forcibly held ..... first offer will trigger things (soon IMO) hopefully from a third party and the BHP are free to react ..... and so it begins
This looks like it’s being held in a vague range around 36-36p..... 20 day VWAP to justify a lowball offer around 75p mark whilst the 100% premium makes it look generous...... not sure who will make the first move , but pretty certain anything around that level would be rejected out of hand ..... just my musings whilst we wait DBW
Schlemiel Thanks really appreciate your take on the way this is moving..... assays apparently taking 3 weeks now but none forthcoming........ ooooh I wonder why ......... hey guys if we’ve been had , so have BHP lol
Generous close tonight ..... seems this is definitely being held but someone is determined not to let it drop ..... I’m sure the L2 guys have a better handle on it ??