Doesn't it tell you something about the conviction of management about the likelihood of a major find?
They are that convinced about the land that they will do what ever it takes to own it. Even if it puts us 12 months behind schedule and upsets all the minority shareholders.
Take a step back and look at the puzzle from a distance.....and what do you see?
Land ownership
Thamrins involvement
The management team they have assembled. (No...really, read their bio's....why?)
Yesterday this play was substantially derisked IMO. For months and months we had the uncertainty of not knowing if the company was having difficulty gaining access to the land....today, we own it.
The market will catch up eventually.
I have increased my position in recent weeks.
Kiril.
I hold.
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