Trading Halt - 28-Aug-15, page-57

First 57 Last

Share
Profile

Follow
dougfr

756 Posts.

25

31/08/15

16:18

Post #: 15906804
Share

Originally posted by Cesnsheba ↑

Very interesting afternoon....I haven't quite got a read on this one. As Seuss mentioned earlier, the board is playing this one down. Have they had a falling out with Buddy management? Is something bigger to come and they want to accumulate? Do they simply not care because they are planning on moving on? It could be a sign of something very, very good or a sign of something very, very bad.

One thing we do know is that if we are believers of "Buddy" then we should be happy. It's finalised, in concrete and now it's just a matter of seeing what this can do. Strike price is ever so close and I can't imagine for a second they won't run this up to 25c+ in the next month - plenty of time for the expiry of options. They aren't likely to let them lapse and they also aren't likely to wait to the 11th hour to put them "in the money".

Dave might be in town mainly due to him joining the board of MTL as an advisor or perhaps Buddy has some other documents to sign but unless they are with a big Australian business, I'm not sure what documents apart from the DD that he would need to sign in Australia given Buddy's headquarters are in the US.

Interesting indeed.

CnS

Expand

This enterprise still needs capital. This can only come from a CR, debt facility, options being exercised or revenue from sales. Preferably only the latter two.

POK Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 46, 2024

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

There are more pages in this discussion • 19 more messages in this thread...

First 57 Last

Add POK (ASX) to my watchlist

Trading Halt - 28-Aug-15, page-57

Top Stories

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Cyclone signs MOU with Vale for development of Iron Bear play

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Banshee's historic trenches prove rich in antimony and gold for GDM

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch