IMO, the current SP of $8.66 or equivalent of $4.93 (GXY) is about low end of price movement and will start to creep up from Monday to 25th Aug when ORE announce a "very positive"' financial result and outlook for the combined company, and possibly reveal and announce more definitely strategy for the various key projects in Argentina and Japan which may include major off take agreement or which project will be prioritised and accelerated . All has been planned and programmed to the tees for a positive start of trading for the combined entity on the 26th Aug.
ORE Price at posting:
$8.66 Sentiment: Buy Disclosure: Held
