Ann: Republic secures Social Licence for Amayapam, page-10

re: Ann: Republic secures Social Licence for ... I am surprised to see there is no reaction to SP on this news......it is the best news so far and a formality towards
a production.
BFS looks like very close and RAU looks now to be in a much stronger position to raise cash.
The reaction or no reaction to the news today indicated to me that majority of traders don't believe still on the real possibility of RAU becoming producer and there is a degree of cynical attidude towards management.....maybe the length of time that they have taken in the past and other projects
that they failed to deliver has made people more wary.
The good news to me is the less reaction on sp so far could create a massive demand and higher sp once traders made up their mind that this time it is for real......so I am with you mate.......traders are still waiting for BFS or even finance before they start buying big time, and when it happens.........sp will fly!!

Cheers,