RNS good news3 Dec 2020 07:19
Regarding the recent RNS, I believe this is simply what they have been waiting on. See below:
Christian Schaffalitzky, Executive Chairman commented: "The Directors are delighted with the finalisation of the DFS and the approval process aimed at production increase in these exciting times for PGMs especially for palladium and rhodium. The Company is committed to its strategy, while also adding value to its projects. Further announcements will be made in due course".
If I was selling a company I would want to show that it can be made more productive and increase the speed of refinement etc. As he has said "The company is committed to its strategy"- ie, selling up at the best price. This is the final announcement and I believe this will show a higher price in the end.