While u guys scratch yr heads this announcement means one simple thing to me .... finally I can transfer my holdings into my SMSF haha.
This DERISKS the project as far as i am concerned and hence i am happy to look at SCOPING STUDY PROJECT NPV's diluted by the extra 27% share issues as a guide ......
One thing tho, POG now :
Bid/Ask 1016.30 - 1017.30
so personally would like to see the numbers adjusted for sensitivity on a rising gold price beyond the 800 and 1000 bucks an ounce used, cos if we can assume (???) MORE ounces will be found AND POG will rise, then the dilution may be more than compensated for by such
IMBOOC
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