I am glad to see the DJI rebound strongly overnight.
It was interesting to see GUN's share price moving with ILU's during the recent chaos.
The recent language has been interesting:
"negotiations intensifying" "proposals have been received" "further proposals are expected"
Despite previous enthusiasm, we have never heard such statements in the past.
At this point in time, even if GUN receives finance without any capital contribution (more likely a token $5-10m will be put on the table I expect)that will be a massive positive for GUN and will have a positive share price impact by taking Coburn into "live" status.
GUN Price at posting:
13.8¢ Sentiment: Buy Disclosure: Held
