I would expect the SP to surge as it's basically a green light for the all-important financing for Mount Peake. Demerging assets without finance being assured would be suicide for the company - If I can come to that conclusion then so can PB.
This announcement alone gives me a great surge of excitement. TRT demerger scheduled for the start of Q2... could finance be following perhaps as soon as Q3? We may be under 6months away from the start of something huge.
TNG Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
