Have to agree dhc, except I think they have to be looking at Andash. Us little guys worry too much about the political risk but a potential acquirer would understand the level of risk is small compared to the value offered.
Just imagine how EPS acrreditive Andash would be to any small to mid size gold producer.
Any potential acquirer may be waiting for Andash approval.
Some may be tempted to take short term profits on the news, but your bringing up the point of potential takeover again has to make traders wonder if selling on the news would be a good move-especially considering how deep the discount is while risk is significantly reduced and with first gold production now approaching fast in Oz.
Taking short term profit may work well or backfire-we won't know till after the fact.
If I decide to take some short term profit it certainly won't be on a large percentage of my holdng and it would take a big move to tempt me.
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