I discount the China theory completely, based purely on the fact that the Mining Minister and a few before him have made public statements regarding PEK. They are not that stupid, to now hand the asset to someone else.
A takeover offer is completely feasible, it certainly would not be anything hostile or untoward happening in the shadows.
Just picking up on what the VP said regarding ongoing discussions, what if there was another asset that PEK have gone for, to complement the Ngualla resource ?
Now this is just a WILD THEORY, but I know the Wigu Hill RE tenement was put back out to public tender by the GoT a while back, contrary to what VML are claiming, they dont own that asset, the GoT does !
Could there be a chance that PEK were invited to tender for the Wigu Hill asset ? I mean they have been in the country for 10 years, its an RE asset the GoT want developed, for them it may be a case of better the devil you know.
Could that be what's causing the delay ? Are we going to get a big bonus when the SML is announced ? A package deal perhaps ?
Just something that crossed my mind, when thinking of reasons for the delay.
Time will tell I guess......
Based on my opinion and research.
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.95M |
Open | High | Low | Value | Volume |
21.0¢ | 22.0¢ | 21.0¢ | $17.10K | 81.32K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 4712 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 53563 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 4712 | 0.210 |
1 | 19996 | 0.205 |
2 | 31637 | 0.200 |
3 | 58722 | 0.195 |
1 | 30000 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 53563 | 4 |
0.225 | 83920 | 2 |
0.230 | 131324 | 5 |
0.235 | 113101 | 2 |
0.240 | 20000 | 1 |
Last trade - 11.06am 04/09/2024 (20 minute delay) ? |
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