Hi Waiken, I presume you mean that NCU hit C$3.25 which, assuming like value in terms of resource between NCU and PMH, means PMH is valued at about A$1.10. I will definitely not be selling - this seems like a valuation that would attract an alternative bid of at leave half the value, maybe more. It is a pity that ETG's bid was so low to start with - just means it might take some more time and additional iterations before we see the real value being matched by a bid. If I was NCU, why wouldn't I want to lock in double the resource on my doorstep, and sooner rather than later when everyone else can see the value.
PMH Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held