But as Jusik has just reminded everyone, Gorman is on record as late as last week as saying that they are funded through to next year.
Additionally, at recent presentations Gorman indicated that they might look to dispose of an asset that is non-core, or borrow. If they have production coming on-line, borrowing would not be a problem.
Gorman is speaking in Singapore next week and the initiation of coverage by Credit Suisse will go hand-in hand with this presentation. I expect that we will see more buying coming from overseas next week on the back of this coverage.
- Forums
- ASX - By Stock
- MPO
- whats going on
whats going on, page-15
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)