i am sure Mr Ellison loves to keep up to date with retail market sentiment by reviewing HotCopper threads before tucking into his boudoir .. but I still doubt he is going to give us the extra 3 months required to prove up 200 Mt.
would you??
You can probably keep your left nut though as a cheeky $1.50 bid is unlikely to secure more than 50% of WildCat imho.
At best, he may get another 15/20% … which still gives us some time
I am hoping Chris and WildCat can keep talking and find agreement on a mutually beneficial joint venture type of deal on new discoveries that can work for both parties (I.E. MinRes helping with fast track development funding/operator/offtake/product marketing)
a non dilutive pathway to some fast handsome cashflows from multiple deposits is the ideal outcome for me.
WC8 Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held
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