Locky, every time I have talked to them and mentioned DSO they were extremely bullish. To tell you the truth it became a bit yeah,yeah for me until Fridays appointment which pricked my ears.
And well today... what can I say. Good job. This is a very good deal and big tick IMO.
Don't forget when I asked about the value of DSO our $50m back of envelope was warm SB said. So I am factoring in at least $70m.
The biggest unknown though is what is going on with their confidence level of finding spod in the NT. There is smoke here for sure.
I am not sorry I sold down the past month. Locked in some (needed) tax losses for this year (looking on the bright side).
I am sticking to my strategy though now. Today has ticked one box for me - DSO of Grants.
I have also put a half tick for finding more spod somewhere due to Yahua doing some due diligence for me.
I have bought more again today. Good thing I suppose is my average is now 5.3c not 7c anymore.
What are you oppies holders going to do now? It's crunch time. You all deserve a medal for what you have been through. I thought owning shares these past few weeks has been difficult. Oppies are a nightmare!
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