People's expectations on this are way too high . There's already getting up to 1.4 bill shares on issue . It's inevitable the stock will work its way back near the 1.8 issue price.
People on HC look at an announcement and think wow ,that's done ,we automatically rerate without having any understanding about how a company ,particularly a mining company works ,there's a mountain of work to be done ,unaccounted for things happen ,it all costs a heap of money ,it's in the Congo. Signing a deal is one piece of the puzzle . Sooner or later you find out what the intricacies and accuracies or innaccuracies of the deal are and then you have to make it happen
Sorry to be honest and realistic but the SP makes people money overnight sometimes ,the company usually takes time to carry out the expectations and that's when you find out whether it's any good or not.
Let's see how it plays out from here.
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