Lauban
Clearly the company is outside of it's stated timetable. As I initially thought the timetable was generous, if that is the case there is room for the company to catch up. Obviously an update from the company would be nice.
I suspect that as milestones are reached we could see some share price appreciation. Are we going to see it zoom up to 10+c before the meeting of shareholders to approve the Wailwai acquisition I suspect not. However as per the announcement in relation to the potential farm-in, the company has bigger plans.
Remember Wailwai has the infrastructure, this has value and offers any discovery a quicker (and cheaper) route to market.
D: Hold plenty.
Cheers
Clever1
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