I think the cost impacts were a given and flagged several weeks ago by PAN. This result will help to drive the SP lower for OGO to make a bid. Very similar to WSA when it released a poor quarterly and got taken over. Not saying it’s going to happen, however we have seen our SP manipulated lower over the past 6 months and now with weakness, it’s ripe for a lowball bid.
The Chairman’s last AGM address basically said he was expecting it to happen in the near future.
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