I’ve re read the Ashanti letter and there’s nothing there that would pique the interest of the ASX IMO.
I think it’s safe to conclude it also has nothing to do directly with the PFS. Oz was forced to respond yesterday because until CZI reply to the ASX there was always going to be speculation as to whether it was related to the WMP-the most likely suspect from the markets perspective.
As we know they responded with a (little terse) statement that basically said “nothing to do with the PFS, nothing is complete”.
If there was nothing else that CZI was / is aware of to drive the increase on Thursday then they would have released something to that effect shortly after Oz and we would’ve been trading soon after that.
But they didn’t.
I suppose it could be financing related but unlikely until the full detail is available to from the PFS.
It could be some sort of corporate activity / approach / rumour to Czi
Or it could be a leaky ship from drilling at Yarawindah Brook and we have uncovered a SVY / LEG type discovery
Ok, maybe I’m day dreaming a little with number 3 but it feels good.
