One side says yes the license is imminent, get the shares and sell at nice profit. The other how will funding be raised and will this dilute and reduce the share price.
Does a warrant = a share, if so new shares are being issued although we know they are on the back burner due to previous fund raises. 205,000,000 at last agm.
Riverfort and ya loaned £1.5 million so this kind of dilution will carry on until that's paid back. 30% of 5 day vwap is what they paid for them not market price.
As quoted in th rns, At the completion of this process, the timing of which is uncertain, a new Mining Licence would be issued to Kodal Mineral's subsidiary, could be a long wait before we see any progress or maybe before mali elections.
Been here before and lost money, bought back in and am now out for a while after doubling money. SS has history of raising cash just when the share price rises. Wonder what kind of finance arrangement he is contemplating. Hope all get something out of this rise.
This share will only move north when the political situation in Mali is sorted, too many terrorist groups disrupting every day life. Looks a distant dream to me.