ASX it Depends on how you look at it and the actual value added by gaining 100% of Hansen.....perhaps the market factored in the potential of signing the agreement rather than the actual signed document and hence why it went to 9c the other day.....todays price reflects traders protecting their butts rather than the fundamentals and the 100% ownership which will open up feasibility studies almost immediately.,...this is set to go up and at the moment its the traders trying to suppress the sharprice IMO The option announcement today says only one thing to me. Confidence and belief that BLR are gaining traction in the right direction. The market will respond accordingly
Cheers....MMM
BLR Price at posting:
6.3¢ Sentiment: LT Buy Disclosure: Held