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As Ive said Brad and co may have agreed a plan but it will have to go to Newmont Board approval. Big companies take ages to agree, next board meeting maybe in late January so maybe feb before we hear something.
All guess work from me.
I can only guess but some sort of deal must have been made by now as I said earlier Newmont will want to get approval from board before its announced.
Long over due as you ve said RNS will be in abundance in second quarter of this year.
Funding will be key going forward, what we do know is the next round of 40 RC drills due to commence in Feb are funded.
That will be 75 further drill results plus ASX and CSIRO reports in.
If as expected all goes well, cornerstone investors/nav partner/partners will be all over us.
Exciting times ahead.
Remember.....no duds
Pretty much played out as i have been saying over the last few days…seller looks to be out and the MM’s knew this was the case.
This explains why they were happy to take large quantities as they could sell them higher.
RE: Consolidation3 Jan 2024 20:22
Personally I don’t agree with this consolidation even though it very healthy,the last two days the price has hardly moved if you take in to account yesterdays open.
We either have a seller/buyer or both on board.
I tend to believe it’s a buyer, the MMs have offered just below the ask for 700k all day yesterday and today, the sp has hardly moved even though we are far stronger on the buy side.
Once the trade is completed we will move forward imo, we also have 35 drills results imminent, then results from ASX and CSIRO…
It looks like I was right..something wasn't adding up,we will find out tomorrow if it’s cleared..
Remember …no duds