RE: Simply....26 Jun 2020 00:14
In absence of any news and or anyone actually knowing for certain what’s going through LR’s mind, the value of speculation at this point is limited. Interesting as it may be.
IMHO, the good news is that the SP has stopped dropping like a stone. Not sure we could have gone much lower without being suspended.
I am disappointed with LR in that there’s been pretty much a news/update vacuum since the bombshell RNS. Based on the call I had with him a month or so ago, the final METS update should now be due at the same time as the consolidation.
As the July milestone is now such a loaded event, I would love to see the list of PROs and CONs that is no doubt being drafted:
METS results
Exploration license
Incentive schemes
Sale
JV
Dilution / RI
....
It’s not all negative, despite the market gravitating to such tendencies.
Two weeks seems to pass pretty quickly these days.
Roll on July 15/16.
GLA.
T