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14:02
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Originally posted by prawn_man:
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Well amigos, I thought the company wasn't going to give shareholders an offer - wrong again. It is interesting that we will have one month to decide if we want to take up the offer. In that time the company should announce the assay results for Cyclops. If the results turn out to be very good, then the shareprice could well rise, so the 8.5c will be a bargain. There could be some other news on the company's other prospects, but probably not drilling results. I'm struggling to predict the direction at GRL, but that is due to my lack of understanding of the prioriites that the directors are pursuing. As a reset, Narraburra is GRL's most recent acquisition and it is its focus. Perhaps all the prospects that were inherited from ARL will fade into the background as it pursues rare earths. Good luck all.
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I'm guessing the sophs will sell into any solid news so would take some real zingers for substantial SP appreciation...
