Ann: Guildford Increases Stake in the Hughenden P, page-2

re: Ann: GUF: Guildford Increases Stake in th... As I see it CAP have decided to partially crystalise their position in Hughie. Instead of 20% of an unknown with still risk and uncertainty around it they have chosen to take GUF shares (cash with an upside) plus a smaller free carried position in the output of any mine.
Very interested to see how the market takes this. Will they see this as a risk minimisation or an undervalued sell out?
Unfortunately I suspect it may not make much difference while the BMG issue still hangs over them.





all my opinions only and should be taken with a shovel of salt...