Can't have it both ways I feel. Let's not get too holier than thou we are talking about a 30 m miner working hard to get into production without getting pillaged on the price of capital in the process. Doing their best to communicate that either way we are full steam ahead.
I am sure Noble deal could be signed in 24 hrs if we bend over on the terms. Company feels it is in a strong position to stand firm and see if Noble blinks given perceived interest from other parties and cash at hand. Company doing right thing by progressing processing and exploration asap. Announcement all positive. If Noble falls over maybe they use some cash to ship but that means revenue that can be used for QLD down the track. IMO market overly focused on short term issues and missing the big picture which keeps getting better and better, all IMO.
ABX Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
