Meme Requests, page-78

What is exciting is that a takeover bid has got to be 40% over market price to get owners interested, surely?

So much growth still possible in SPR ounces, and gold price on the move, and a plant already next door in decent condition.

Risk-return is still firmly tilted in return’s favour.

I keep setting a target for selling shares and then moving it up another 5 cents on each new announcement.

I think we all grasp that we are in a very unusual situation with SPR, so professional investors like Tembo must be thinking the same. Even Delphi, who personally I see as pretty similar to us retail holders in terms of their sophistication but just with a lot more cash at their disposal, must be thinking the same. This is all about maxing out the gain now.

How high can it go and what can stop us getting a higher return from here? Maybe a market meltdown, or the lead shareholders cashing in their chips too early? RMS trying to lowball a bid and the management wanting an early payday? Their track record on representing all shareholders hasn’t been terrific. But self-interest should be enough to drive the SP higher.