We have had a barge of conflicting announcements, and I for one am a little bit worried. Although, I believe that what we are waiting on is a deal in the companies favour. The bankers will always drag these types of juniors over the coals to extract as much risk premium as they can. So I'll give BG the benefit in this case of trying to do the best deal, not for our sake, but for his - he does own a massive percentage of the company and if anything goes wrong it will hurt him personally. Hence, I'll stick it out and soak up some of the nervous sales. But I will not be allocating all my hard earned in it just yet.
All the best and thank you all for the great contributions on this thread - stay strong and hopefully we'll all be rewarded for our outstanding patience.
Bests LSM
EVG Price at posting:
6.4¢ Sentiment: LT Buy Disclosure: Held