I’m with Maigret and City. If you’re a speculator and are...

I’m with Maigret and City. If you’re a speculator and are investing a “can-afford-to-lose” size parcel then the upside well outweighs the downside risk imo.

Agree this there is little chance of a superior offer as I can’t see Chinese out-bidding each other and I can’t see an offer coming from Ivanhoe. Can’t see any likely reason for DRC, Chinese or Aus govts blocking the move. So, imo, 90+% likely to proceed.

I’ve been in and out of NZC a few times over the last year but was not holding until I bought back in (also at 31.5c) this morn.  Of course there’s some risk otherwise it woukd be trading at 36c ...