Seems the market likes the announcement. And there go the placementees (Paterson's clients) buying up some more to push up the price and make their 42.5 purchases look good .. LOL!
ESG has IMHO been somewhat "suppressed" lately possibly in anticipation of a need for a capital raising. Now that its out of the way we should resume the uptrend I reckon.
And remember the first reserves certification are due to be announce d any day (before the end of the month).
So that should give the placementees a nice little profit!
H
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