'Who missed the oppies Action movie today?'
Not I, bought 400k today not to mention topping up on some heads. Great value down here while ML (can only assume due to the volume) sells off his oppie holdings in 250k lots.
If my assumption is correct, then I'd opine that he could be desperate for cash (maybe a large tax bill or perhaps he needs to pay for legal fees or things might be a bit lean over at AG and realizes he may not have the money to convert by May 2020? Or another business opportunity perhaps?). Who knows but really why else would one sell at these levels?
In any case my Balinese Taxi driver (driving his new electric car) has confirmed that it's business as usual and he sees no bad news on the horizon.
Cash position - tick
De-watering of the pit commenced - tick
OT discussions with several BIG players advancing - tick
Met Test prelim results - any tick of the clock
Another CR? - not on the horizon (however project funding imminent IMO)
GLTA and note that the above is my opinion only and shouldn't be considered as advice of any kind.
Please DYOR
Cheers
Elpha
