RE:RE:Catalyst over next 3 months
The nice thing about holding this stock-the only nice thing-is that there is no danger of a complete collapse. They, insiders, cashed up pre-emptively @.20 and they have $5MM coming as soon as the bureacracy stamps the permit. Moreover part of their portfolio of mining assets is a pit that can be put into production quickly. The wheels of government grind slowly in Africa but they do grind. And in Nana we have the perfect advocat. This will start to unfold shortly. Once the show starts I suspect that one of our neighbours will jump the gun and finish it. Unfortunately no way we are going to get full or even fair value. I think a 40 to 50 takeout is already baked in.