Yes. It was always going to happen. And it would have been broadly set up in advance. The unknowns were when, how much and what price. NCM not taking the 5% sorted out the when. Immediately. The price was determined by the market. Like many others I thought the sp would rise when we retained 30%. The market thought differently. How much depended on future cash flow requirements. We are now at the low point. Two of the uncertainties have been settled this past week. And the market does not like uncertainties. I’m hoping for a nice rise today. AIMHO
RE: Yes I am excited and my enthusiasm in Artemis is tied to me hopefully retiring so do you blame me11 Aug 2022 11:30
I'm quite excited as the SP rises to nearly my buy in price. But what would really get me ecstatic (and Bamps as well) is if Havieron extended into Artemis territory ! FYI I have shares in both .
Ben I agree, and if that hit is on a 100% owned tenement like Scallywag or Ernest Giles then who can predict the SP. Mickeys £1.44 would be way too low.
If only the JV had included “ such valuation not to exceed $60m “, there would be none of these arguments. We would all have said Wow, what a great deal , unbelievable. If only .. ..