RE:bonterra not too appealing Seems a bit of negativity from some people regarding the merger. I'm pretty sure there will be a roll back sooner rather than later. If BTR's RE is good, then they might announce the RB when they publish the updated RE in H2. Maybe do a flow through financing in Dec. to fund next year's drilling.
The path to production has been shortened, de-risked and more definite. This is a very positive step for BTR. I'm pretty sure that they will do a PEA for Gladiator following the updated RE. Lots more drilling and a bulk sample in 2019 is what I envisage. That will require more $$$$ and I'm sure they will get it especially if the SP stays surpressed. Prior to RB that would probably mean a share float getting close to 500mil. As positive as I am, I can't see BTR getting more than a $1bil price tag, so my best expectation is a share price of $2 a share and that is 2 -3 years away.