Brokers may well have their noses out of joint with respect to Buxton probably because Hannon hasn't bent over for them and allowed their Sophisticated clients to get heavily discounted stock to unload at healthy profits. It seems Hannon isn't too keen on that type of raising and is interested in finding the best way to preserve the capital of the company. Will be interesting to see how the IGO relationship develops as the wet season recedes. Should be plenty of robust planning discussions between the parties as we speak. To pay 20 cents per share would indicate that IGO are reasonably convinced that they are onto something. Time will tell. IMO follow the BUX form and trade accordingly. DYOR
BUX Price at posting:
10.5¢ Sentiment: Hold Disclosure: Not Held
