I believe the pre-feasibility on Gullewa is due out at the end of this month. By my reckoning that's just a few days away.
I think a great deal hinges on this, and I suspect the market is waiting on the green light in that perspective.
Should the pre-feasibility be positive, I cannot see how this will not fly and quickly. I also suspect that the last few weeks has shaken out the nervous nellies....and when the pre-feas does hit the market, it will make a resounding impact, assuming, of course, it is positive. I predict a lsat minute dash to grab the June 06 oppies, prior to the practical ex date in April. there should be quite a flurry of activity...not to be missed.
I personally have taken the gamble that it is going to be positive. Everything points to that. I do not think Patersons would have involved themselves if there were much doubt...that was perhaps the biggest pointer for me.
I believe the pre-feasibility on Gullewa is due out at the end...
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