re: Ann: Competition Commission approval for ...
If TO is at 55c then this must represent a premium to the buyer...not us. This is a great deat for the Chinese. Hence logic would dictate if POG is still higher than it was at TO assessment the SP will go up. Plus the longer this waits the more valuable Uranium comes. Personally I cant see GDO not heading north. Remember our exasperation at the SP staying so low when all around was increasing. Now we know why. Kept down for TO...so after TO I'd expect this to go up. As to Chinese not maximizing returns....I didnt know that the Chinese were like that .
Sept is just a few weeks away. The markets bipolar nature may come in to play but thats a risk anyone takes.
All options taken should be respected. Good luck to you and your choice.
GDO Price at posting:
52.0¢ Sentiment: Hold Disclosure: Held