Announced on the 2nd October with an indicative date for acquisition after 75 days. That puts the date around the 17th of December, which means probably that week or next, so is it just in time for a xmas rally?
Price has stagnated around 1.2/1.3 for now but feels like it's just about to start grinding higher. It's almost ready to breakout and minimum downside from here as cash backing is about 0.9c.
Ann: Proposed Acquisition of Austrian Exploration Assets, page-49
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