re: one for the smart money The fact is, if you are LT in this and believe the story, a soft sp now is no issue apart from risk of being taken out too early.
Do we need a poison pill? That is something the directors could consider as a matter of priority to protect our LT potential.
There is predicted to be a rush of equity players sooner rather than later looking to buyout undervalued mining companies both for cashflow and growth potential over the course of the commodities supercycle.
For myself, I am happy to buy at the low 4 level given the latest confirmatory drilling results, that the market has basically ignored so far.
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