Between Nobel and the MD 70%+ of the IC is locked up. The SP purely reflects irrelevant movements of small chunks of the remaining shares between small investors. Not sure management give two hoots about those movements or the SP that results from them. Their stakes are valued not by what somebody buys or sells a small parcel for. Their stakes are valued by whatever someboyd is ultimately willing to pay for control of the asset when the times comes. For them its a waiting game. Waiting for the relevant parties to progress with the transport piece of the puzzel then they are in play and start banging out announcements.
EER Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
