Ann: Indicative Proposal by Daton to buy Krucible, page-31

re: Ann: Indicative Proposal by Daton to buy ... Hi asf

I believe the sp will run again once the deal is set in concrete. As per the last announcement, Bergen will sell into the rally and offload (100% profit?) and cap the price for a period of time.

Having said that, they only have 1.5 mill shares which could be chewed through in a day.

I would hope management kiss them goodbye asap after receiving the funds. The contract clearly states it can be terminated at any time or a nominal fee.

With strong cash backing, further exploration success, without further dilution, should see some solid share price gains.

Milesy