No doubt whoever looked at this as a TO option would have to take 12 months to do some extensive dd. Nobody would look at this now before nameplate attained and maintained for at least 6 months nor would anyone look positively on our debt issues. Rightly so, a few more boxes need ticking with nameplate and debt the 2 biggest. Once that is done and dusted we could be sitting around 16c IMO and a TO bid of between 25c and 30c will be warmly received by our Directors AIMHO of course
No names as yet as to who might run the ruler over this but the front runner IMO would have to be Genfeng at this point in time...................anyhow, 2020 still looks like a year when something might move this sp.........not 2019
AJM Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
