RE:RE:All cashed up and ready to goExactly. It was pretty obvious that without a buyout by IMG, a PP was a necessity. It may well have been investors liquidating to participate.
.25 seems to be the real market value at this point, anything more is speculation that drilling results are good. As RR$ suggested, there is no question that IMG would pay .25 today for MXI without any results on the extension or the DD in the deeper blocks. So everything from here is dependent on what the new picture looks like in the extension and in those rich blocks on the original deposit. I'm still expecting to see an expectation that the extension will add at least 1 million oz.