hi snowballIt's a difficult one. Depends whether you are a...

hi snowball

It's a difficult one. Depends whether you are a trader or a long termer.

In other words if a loss is going to deprive you of sleep then don't take up the offer.

I think the market is going to soften at least over the short term and you may pick shares up at about the offer price or maybe a little below.

It's always a dilemma in situations like this, at the possible end of a bull market.

It's your discision, obviously.

All I can tell you is what I have done.

I was always going to take up the maximum offer because I think long term if there is oil in Mali this a great investment at this entry level.

I'm not in love with the company but think they have a good team and are dedicated to the cause and I am prepared to have some shares thru there journey to boom or bust.

I guess if you can't stand the heat in the kitchen then don't take up the offer. Alternativey if you can stand the high risk and believe in the dream and want to support the company to head towards the dream then take up the offer.

If they go bust in the meantime because they didn't have the funds then the dream will never materialise.

t