no one should be giving financial advice. I understand we all want this to push higher, however these large players will always have their say and we are just left with the crumbs.
if you like the story buy more, if you are unsure don’t do anything as it will be just a guess and if you are not a patient individual this could get under your skin.
Chris took a position at 85c meaning any takeover offer by his company would be above that level, and more likely at a 40% premium so $1.20. (40% seems to be the accepted norm when the AZS offer talk was floating around)
not sure much will change from the bigger fish between now and the new year as Min is focussed on DLI currently.
maybe just maybe after the next drilling round of hits are announced, they may come out giving a target MRE late this year and announce drilling toward the MRE starting in the new year.
that should flush out any circling predators as they won’t want that getting too far advanced before nipping it in the bud.
WC8 Price at posting:
77.5¢ Sentiment: Buy Disclosure: Held
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