hmmm15 May 2010 13:06
This could still go two ways - If the SP can hold up and the forrestry permits go through, merger will go ahead and I am sure finance would follow quite swiftly. However, there is the risk that the SP could fall to a level where RMLA would pull out of the merger having a knock on effect and bringing down the SP even more. Either way I would hope the permits and financing to be completed within 6 months. I don't like the fact that Perkiss seems to mis-judge timings so often, doesn't bode well...I still have faith though and if the share price does drop under 5p at any point, I for one will definitely be topping up quite generously!