I am a small but long time holder as I know the region very well and was convinced since the very very beginning Fekola was THE deal. Then Connelly jumped on board and I knew I would make good money.
rE B2G :I am really surprised by the timing of this deal ( I won't talk about the offer itself). From a mine dev POV, political, and even seasonal POV the best moment to work on a good deal was Dec/Jan. and I have never anticipated b2g to be amongst the bidder. Just accross the border with Senegal you can find a far better option with a plan ready to work. I don't see any commercial rational in this decision. Hence I think the door is not closed at all and -fingers crossed - expects another offer maybe around ADU. If b2g is confirm I'll be disapointed but just hold on as Fekola potentitial (depth and width of the resource) is totally underevaluated.
Sorry for my english.
PIR Price at posting:
$1.85 Sentiment: Hold Disclosure: Held
