RE: Judicial Review20 Feb 2018 08:19
It’s more a case of how the judge and barristers view the whole process. Clearly the Appeal and really the review were bought about on a technicality of not following a process correctly, and whilst these will surely get resolved it does not mean that there won’t need to be some legalities and paperwork to undertake. The end result will be the same, it’s just a matter of time and ultimately the price that AIM puts on the share whilst this is on going.
Mining continues at an increased pace, the main vein of gold will be struck in the next couple of months (ish) - the wait continues, but it is nearing the end. At that point there are no hurdles to overcome, exploration meets actual mining - it is then purely a case of how does AIM value it or how do the MM’s play with the price to maximise returns?? 15p, 20p, 30p or maybe even higher but certainly the single digits will be in the past.