Legume,
"financial flexibility to undertake a more aggressive
development and expansion program of its Mt Magnet gold mine"
Key words: "more aggressive".
Have you thought about what those words could mean? Generally "more aggressive" means "more costly" but it will hopefully also mean "more profitable".
I also read it as: "The company saw opportunity, so the company grabbed it"
Again I think people are getting emotional simply because the SP has not been performing compared to its peers. I think they should step back and think about it carefully, maybe ring the company etc etc. Then make a rational decision as to whether they stick it out or move on (there's plenty of other goldies out there to look at).
Anyway, last I'll say on the matter. I'll be watching carefully what transpires with the company.
Cdchi1
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