We all know what this is likely to mean- big slice or all of Trinidad.
It says there's a placement to go along with it, and there's been whiperings today that the amount is for ?20m. That would strongly suggest we're taking the whole thing, unless of course this is a completely different acquisition.
Think this will go up quite a bit on AIM tommorow- PI's place a very high time value of their money, and now they've been told news is definitely on Thursday, expect a stampede to get in.
Could be wrong, but I don't think so. All IMO though. :)
RRS Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held