106 million options at 15 cents expiring on 30 Sept.
If Goldfields exercise their options, it will take them to 19.9% ownership.
I always thought Centamin might be interested in this, but of course Goldfields holds a blocking stake.
If Goldfields were to sell down though, then anything could happen.
My guess as to how the end game might play out, is Goldfields opting for a 50:50 JV.
But this is just a wild guess, and like most of these, probably going to be way off the mark.
September will be interesting though.
Gw
CDV Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held