Buy on rumour sell on fact they say. All news in that we are expecting. Probably drift until drilling news due. I will be ready with another big divi payout to buy some more.
We are looking for the final licence to be transferred, the JV ratified, a clear drilling program to identify where to mine, monies to be paid over and a timeliness to mine ready status. I think.
Surely the drilling program has to be executed first before they can effectively plan where and how deep to mine? I'm sure all paperwork that can be prepared before that will be in progress.
Another GKP divided paying on Thursday. Should be enough for another 3,500 CGNR shares or more at this rate. Lovely. Will be another £35,000 in a few years time.
Think of it as a horse race over hurdles. The in play odds are still 40/1 although the horse is well clear of the field. However, it could fall at any hurdle before the finish line. Lol.