over confidence?

My usually optimistic self has become cautious in recent times. Early predictions for this company have drawn comparisons to fairy tales such as FMG, but is it all a little premature??? My research suggests that preliminary estimates for Groote are well founded, but until they start mining the resource, I will remain guarded.

I guess that is the thrill of taking a chance. I only have a small investment here, but it has the potential to be very lucrative.

So where to from here? The placement seems to have barely had an impact on the SP, much to the displeasure of a few of us who were hoping to pick up some shares sub 60c. I would expect a period of slow growth as the Company continues exploration and finalises their feasibility study.

Does anyone know if Groote have been approached by BHP for a buy out?