Well Robbo I know a few investors (mainly Canadians) who are hoping that the Pilbara is a replication of Wits, but most of the rest of us are pretty sure it isn’t. Because I reckon someone else would have noticed before Novo’s geologists turned up - maybe the iron ore miners for instance. But Moy doesn’t need the whole Wits thing to thrive, and it hasn’t been trading on it.
I also think the whole capital raising at a premium is unlikely.
MOY Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
