BuyingPersonally, I've been adding all day today. Looking to increase my holdings by 50%.
I've updated the possible original PP investors; 1. Vale 2. Petrobras 3. Government 4. Bunge
Any way you slice it, it's hugely positive.
On the Bought Deal financing(s), I say it's about time they brought these guys into the game. Uber longs may not like this (greedy buggers!), but those who are only in from the summer forward welcome this support. Even more important, this gives confidence to the not-yet AMZ investors to put some cash to work in AMZ...i.e., new money which in my opinion is desperately needed by any stock.
I expect a move to the big board early in the new year on the heels of the closing of the financing, plus plenty of positive newsflow on government, further expansion drilling, phosphate drilling, and patent application, plus we'll see who the big south american investor is. They are now financed through to construction , and still only at ~ 31 million shares outstanding. Realistically, they should be able to push well into the double digit shareprice by spring, and I would think finance construction and commissioning through development loans augmented by a bought deal of ~ $200 million @ $20, bringing the total shares out to still only a measley 41 million shares out.