Until we see some more money coming in we'll not see much love for this one. With some viewing another cap raise as likely, which would be at a discount on where we are now, they are likely waiting for the price to fall. If, however, the Royalties come flooding, which I believe remains the strategy, they price will rerate quite considerably.
For now, it will drift until the cap raise vs royalty question is answered.
Ann: Change of Director's Interest Notice, page-6
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