Nikec, I don't agree. I agree that if the refinacing deal falters, then they would be in strife, but not on the outcome upon the deal eventuating. A 10-20% jump is unlikely.
When the refinancing deal was announced, the SP rocketed from 0.069 to 0.09c at the close. That's 30% just on announcing agreed terms.
This next announcent, if it comes through, provides assurity. It would be the begininng of a strong bull run given the projects metrics are sound. That is why the analysts targets are way, way north of where the SP is now.
All indications are, from what is publically known, is that is all done, sans signatures.
Yes, unless the papers are signed, there is risk, but why on earth do we all play the market in the first place? There is always risk, even in the so called blue chip segment (insert list of blue chip nightmares here).
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