Well, explains the price action I suppose. Push up in the 60's...

Well, explains the price action I suppose. Push up in the 60's looked a bit too early imo, especially with the overall market backdrop, but the usual thing before making a discounted placement. The drop under 60c just before the TH as those in the know quietly sidestep the bullet.

So the 'material' investment' teased recently was all but locked in already. I'm going out on a limb to back my min sands research and say SFX are buying into the Barrytown deposit in NZ... wild long shot hunch but speculating is what HC for right

How much cash vs shares will it cost? Doesn;t really matter, they are diluting at <60c which is too cheap according to most holding obviously given value consensus over $1 by end of the year. What matters now is the quality and price paid for Bruce's new play thing? Who is getting set at mid-50s in the placement... general public, broker clients, fund friends?

Long wait over the weekend and beyond to find out.

GLTAH