Yep. nailing Lorena put a floor under the cost base of the shares we own. Wont say there is no downside but if there is I cannot see it. The directors may have got a little clever by half. They may have stalled on the con note resolution, hoping for a big rally yesterday, and bang a cap raising. if that was the case then no biggy, because if the note issuer is happy to, just roll it, pay the interest and repay the principal amount out of the cashflow of lorena gold mine.
I would love to know whats going on with the seller at 9 for 250 odd all the time. becoming annoying when you have someone who just doesnt get it and tramples on the party. A Bot, maybe.
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