Not sure some appreciate (or willing to acknowledge) that Friday was really just a daytraders effect. VWAP suggest more lost than gained so not sure you can assume profit taking but more likely just people on this site playing "hot potato" with a negative outcome for most.
I can guarantee one thing LNC will not be looking to do a T/O of this anytime soon until it is clear to them what they have themselves. So at some point in the distant future if NVG confirms something of value then they (like BRU did recently) could pounce of strategic land around them.
Don't forget SA native approvals is never a given.
I'll watch with interest Tuesday's session to see how powerful the HC effect seems to have now become on our local market. Personally I feel the Christmas risk on mentality is just about over for such plays until at least the end of Feb. But I'm often wrong.
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