Wouldn't mind running a few things past the 3 blokes who don't sit in the top 20. Top 20 obviously can't be bothered with HC considering eff all traffic here.
Buying more shares now versus December after the 15c payment? I'm thinking as the deal gets closer and the two court approvals and shareholder approval get signed off SVM will rally considering this project is going to bring in significant coin once up and running. Arbitrage also goes away as the deal gets done. I'm thinking it's better to buy now. They may be cheaper plus you get the 15c payment on any share you hold. Risk is the deal falls over.
What if the deal falls over? The project still stands and some have said its one of the best ore bodies they have seen. Market cap now is still only ~$200M and other poorer ore bodies have sold for more in Aus this year. Low risk of deal falling over or project drifting away I reckon.
