RE: Q32 Jul 2024 09:30
Have to say Llol/Tiburn discussion's doing a good job of keeping me grounded and out of overt ramping territory. I would wish to add that the risks of, eg potential, adjacent, targeting etc... do have an equity implication though, and even value, hence Oak's 93p target which, as I understand it, isn't fully derisked (that's the 183p). So we have an independent view that HEX is currently significantly undervalued allowing for such derisking. Apologies in advance if I'm talking out of my hat, but I currently understand Oak as saying we should be 93p at successful completion of appraisal stage, and as markets are forward thinking, we could could well achieve that value, or close to, prior to such an RNS. GLA.