Ann: A$30 Million Placement and Termination of Ngualla Royalty, page-74

Last time we had the opportunity to buy in the 8s was July when NPDR oxide price had fallen? Don't see how that is relevant? We will unlikely see that opportunity again unless the NPDR price tanks.

As for the comments on the forum about a huge looming selloff from the sophs, you do realise that there are two tranches in the offering right. Although its possible they sell off if there are worrying signs in the NPDR markets doing so on a whim is akin to shooting yourself in the foot as they are still waiting on further allocation at the same price.