I have read all the materials today and I think it is not that simple as the SP illustrated.
You can provide more useful information or criticism me about my opinion, but please do not argue for argue.
First, I am happy about the director will retire recently who really was not good one because of less informative.
Second, the price of consideration is around 10m, our MC will increase significantly. I am not sure whether the price can hold on this level and who will purchase those huge amount of shares.
Third, the results were pretty good, I dont care about the Rock chips and government estimations. However, the peer (MML) only 80km away may show that the grade is more likely to commercialize. AISC price I think may be not high.
I hope we can produce as soon as possible with NEW MD.
MRD Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held