Given this latest news item I posted yesterday I am surprised no SP reaction (though the first sales today were up at 0.3 fell immediately to 0.2 again). I only wish I had the resources to buy more at what I consider a basement price. If the UAE deal does in fact go through for BCL and given the low grades of Selebi, Nkomati and Tati I would have thought it a lay down misere that BML's deposit will be brought into play by any new owners, especially given the potential to increase the resource with a revised JORC and the addition of the significant cobalt.
It remains to be seen. Regards to all.
BCL saga, page-69
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