Magikol, I have to agree with PG. The horse is infront of the cart with your argument. We are heading into 7 months with the Waterberg Coal project, and still NO approval. This is a punt stock at the moment
All management have to do is get the approval and this seems to be too hard for them. (I think the whole thing is staged so mates can get set up). But to show how good they are they need to double dip and hand themselves a stack more options for achievement????
Those in the know have either loaded up or have sold out.
If the approval comes then 60 cents will be seen in the blink of an eye, associated with a massive resource upgrade, and that will be heavily discounted for value.
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