Spoke to Tony De Santis; voiced my disappointment about the attack on the SP by one of the instos...basically had a bit of a whinge. He concurred. I then took the opportunity to re-visit questions relating to Mumbwa and get a sense of the internal sentiment re the scoping study and Phase 6 drilling.
Having made the call, I decided to take the opportunity to grab a few more shares at around $1.10 whilst they are on the table. Perhaps we've still got a few weeks until the brakes come off the SP, but who knows? We won't know they are out of bullets until the SP starts to move north again. One could assume the brakes will come off the day after the retail offer closes...but one never knows...
I worked out how many shares my entitlement + 25% will give me, and then bought exactly the number which will make my total holdings after it's all said and done a nice round number. i.e. I AM intending to take all of my entitlements.
My feeling was that if I don't buy now, I would look back one day at this opportunity to buy at the price the instos bought at and think "why didn't I?"
I guess if you can't beat the eels...become one...
BTR Price at posting:
$1.09 Sentiment: Hold Disclosure: Held
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