From my perspective money is needed to get production underway...possible infrastructure payments to council , definitely wages as the 8 or 900000$ they started with won't go far. The sellers today are a small minority. But what is really needed is more good news. Not that today wasn't good news. However, it was expected, as these guys were just doing DD on something they already knew to be positive. They were just making sure that nothing had changed in the interim. (like missing equipment or council rulings, etc)
It seems, that given the product, the economy will play a small role, as the DD (in my estimation) considered a poor world commodity cycle as part of their extimation. There fore it is my estimation that it is all systems go...but a CR will happen. Probably at the same or higher price than the last one. But today was not a healthy look....again...small minority of sellers. Could be some more bargains coming up tomorrow if there is some panic. Pity I didn't pick up some at 5 Cts.
From my perspective money is needed to get production...
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