Doyle, I understand your frustration, when I first heard the terms I was livid, hence my phone call with the CEO yesterday. I like many here have supported this company for a bit and continually pushed it.
However after 24 hours of contemplation and knowing it's played out now and we must accept what was given and move forward. Trust me when I say I would love as much as the next guy a takeover, but it hasn't happened yet.
If in this drilling we hit some decent hits of Copper or Cobalt we could see our Life of Mine extended. By having this extended if that golden ticket for a takeover comes it may come at more of a premium. Of course these are what if's, if they don't happen we are still a decent project that is moving in the right direction.
I will be taking up my full allocation in the SPP, lets see how it plays out. Cobalt prices have remained strong and copper is entering a bull market, fingers crossed we hit some big hits and sell for a very decent price or get developed and see the reward.
NZC Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held