The big boys and long termn holders control the company. If Glencore want to take over then they have to pay...and I am not talking of 2 or 3 dollar per share.
We know were very probably the market cap might end (1bn+) and I see no reason why I should sell before.
Obviously the longer Glencore waits the more expensive a possible takeover.
Best case: Mumbwa story unfolds its full potential (giant deposit) and a second possible buyer comes in.
One thing is for sure: Glencore knows more then you and me and if they buy this means that the fundamental are sound ! especially for Perkoa !
I guess everything is in the cards know and BTR could be at the beginning of a really exciting ride.
Let's keep the finger crossed that S36_040 delivers a sensation ! That would be the final gamechanger in my view.
BTR Price at posting:
$1.50 Sentiment: Buy Disclosure: Held
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