Lol, as soon as I post on the SGZ thread that I've added to my...

Lol, as soon as I post on the SGZ thread that I've added to my position a BOT comes out to play?! Most price action we have seen for a while. I believe it is also around the 50% Fibonnaci level too now.

To quote from the annual report issued just after the mining approval:

"Subsequent to the planning decision, a number of legal agreements require to be completed regarding the
development and three months from the conclusion of these, the Crown Estate will issue the requisite mining lease,
which is expected to be in early 2012."

So that 3 month period actually ends depending on when the "number of legal agreements" that needed to be signed off on were completed.