Well, based on recent history, the GTT clients were happy to flip what looks like all their 004 placement shares for 006-007 and maybe a few a bit higher.
Hopefully for holders, this time it's different and a quality deal is the impetus for a larger re-rate.
Wouldn't buy higher than 006 myself, given the history but doesn't mean it can't go well higher if they score a good deal.
Ann: Lepidico signs MOU with Crusader Resources, page-112
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