IMHO, the sp will move sideways until we get a confirmation of...

IMHO, the sp will move sideways until we get a confirmation of whether the money has gone in or not.

Alot of ppl, including me thought that the money will be in 16th AUG, since the JORC compliance from CFE was done announced on the 13th July and the deal was passed thru on the general meeting which is the 16th. And Ding will have 30 days to pay after that day

Obviously that was not the case. From post from ASF said that DING actually requsted that the date which the count down should start is the day that the independent GEO report was done by him, which was the 30th of JULY. Basically, DING has got til 31st AUG to pay up.

Once that is done, it will just be a signal to the market or to the non-believers of the deal to actually re-rate the company ( to it real value), even to the cash value it would be circa 75cents.

Fingers crossed that everything will go smoothly and we should hit the great green pasture soon.

please DYOR