RNS..26 Mar 2019 08:15
to me shows there are corporate and strategic reasons for the nature of todays news.
I don't remember a previous news release with such detail, or lack of it compared to our previous updates.
With so much drilling completed without the results released yet, or a date for the PEA as yet, there must be a very good reason for NM to do this at this point.
My instinct tells me this is mainly due to the cornerstone situation, that NM is hoping a formal offer is accepted before he gives the market any more good news.
A move to buy CGP could be approaching, whether its us or a major who comes in with a great offer, it will all further highlight the value of our own 85% interest, which could well be the catalyst for a SOLG T/O or a sale of Cascabel?