Quarterly due next week, should get an update on the strategic review. Management need to throw out some good news and I expect that is what will come, worst case scenario the story is we are trading at a 25% discount to cash backing, best case scenario and it's a done deal utilising the 50m USD deposit and the last 1.5 years of Bauna cash flows.
Either way this should go up from here next week and I think punters will rue not loading up more at what could very well be the last super discounted price on offer.
GLTA, Greedy is Good!!
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- Big news overnight, Bauna deal terms very likely to be revised
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