Member Info for ericnat17

Looking at the Edison report which is conservative. They have the SP at over 5p at sign off/construction start. and that is at gold at $3300.

Pretty sure the 5 day clock only starts when the deal is signed.

In auction

News incoming......?

Expect a bit of churn 1.6-1.75.

Some people will take profits

I guess there is now a rumour in place about the deal

1.7 all gone

Not a great endorsement, 8 trades....all sells

More MM positive movement 1.7 wont last long

At gold at $4200 it s far far more than 1 billion.

don forget underground at TK

and 15% of Saudi that is opening up. Could sell that for $50million

all imho

L2 looks like it is about to go jump to 1.7

L2 X2 MM moved up already.....

He would be staying and keeping his mouth in the trough if he could see anyway to get the SP up…..he does want his legacy at Sound the he took 2 thirds of the SP…IMHO

Took the SP from 1.7 p to 0.6p

I would guess that there are many many people waiting for the deal. Traders and non traders. Short term and long term investors. PI and II. There will be some shorts that need closing. Do expect all hell to break out when it lands…..IMHO

Bid moving up now

L2 looking good. No MM all the way up and over 1.6

Gold prices jumped to a record high above $4,100 on Tuesday, supported by rising expectations of a U.S. Federal Reserve rate cut this month and safe-haven demand following renewed trade tensions between the world’s two largest economies.

Spot gold rose 0.5% to $4,128.49 per ounce, as of 0805 GMT, after hitting a record high of $4,179.48 earlier in the session

No deal no bonus for Harry

Yep nice buy….biggest all day I think

Bonus only kicks in after signing.

Important: It needs to be above 1.5p for 5 consecutive days following signing.