Well put actuary. Unfortunately (I say that as a longtime holder)that sentence "due to technical issues etc etc" says alot, and I don't think that if RAU went back on those words and made another offer it would help the company reputation or the SP.
As for Sandlion and Jovann's thoughts- Unfortunately guys RAU have been technically negotiating for the past 8 months. If you look back to Oct anns they applied for a further 3 month extension for negotiations.
I'm still holding but only now for the other fundamentals such as the FNQ projects which have shown very promising test results. I think todays strong showing in the face of such an unexpected ann has shown that the important investors (Malays, company execs, LT supporters) have always thought and do think that MtC wasn't the big company maker that was going to shoot the sp to the moon.
BIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held