A40 price action, page-759

No wonder Cowan suddenly came into play. Mark may need to prove 20 year supply and chasing BH may take a bit longer.

He knows Cowan (ref comments in his book), a bit of drilling was done in TAW times, historical data from past etc.

A new agreement can have prepayment conditional on proving 20 years supply (which is normal) and Cowan drilling in areas already known can speed this up.

If Cowan will end up with 1/3 of current number of shares it will cost less A40 to do a script offer, as I believe this will be the final outcome.

Hopefully we get second payment for our sale of COW ore in Africa soon.

Wish I could be for COW AGM and ask some of those questions.