After re-reading the MRE report Franco something occurred to me regarding those 17 million options remaining out of the money .
A brief Trading Halt prior to releasing the announcement , may have got some attention , but I have a feeling he would rather not make a fuss (for his own reasons) .
There was no new revelations regarding the Metallurgy , no Assays outstanding that were being waited on , no new Geophysics data , no new information what so ever ( I could be wrong) but when the boss was in London 4-5 Months ago , by what he was saying in the CRUX interview the 5 million ton large low grade resource was proven and "Baked in" https://youtu.be/6aauu6vwczU?t=265 .
By all accounts the MRE was expected months ago and after trying to find something in the report that may have caused the hold up I couldn't find anything and IMO everything in it had already been either previously reported or confirmed verbally in one of his interviews or conferences .
He mentioned how he wasn't interested in Asian money and has previously mentioned conversations with BHP and he extinguished that 1% Royalty agreement for a reason .
I wouldn't be surprised if he knows what he is doing , he certainly comes across as confident .
I don't know anything,
WMG Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
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