are you familiar with TSO IOU CHK AZS RTR HWK etc etc
they all had upside at the time of CR
not saying there's no upside
there's plenty
it's just the way the market functions
9 times outa 10
it will be pushed down below CR level
it may be that it stays up until SPP is completed
let's see how
Ann: A$30 Million Placement and Termination of Ngualla Royalty, page-16
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