August is going to be a busy month from my reading of AKM reports and ANNs:
. 3 x tranches of options due, 14th Aug, 24th Aug & 1st Sept.
. NR rail consortium currently in negotiations with Mongolian goverment about extension of Conditions Precendent beyond 20th August.
I have several conspiracy theories about the recent ups and downs of the s/p. Maybe, just maybe, there are those (unnamed parties) who want a lower vwap in the not too distant future. Only imho of course, and no problem for me because I am here for the l/t and have been slowly accumulating as opportunities arise (like the last two days).
August is going to be a busy month from my reading of AKM...
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