The other historical consideration is that we released assays of hole 49 while Wes was in South Africa. So him not being in the office really does not seem like a barrier to a NR. However, they may want to get more "friendly shareholders" at the current valuation than later at a higher one so for that reason, a NR may only be next week but I would not base any trading strategies on that!

The more diverse institutional shareholders we have, the more are SP stabilizes higher and the more protection we have from a hostile take over. The Shareholders Protection plans needs shareholders with money. I know many retail including myself would not be able to increase their shares to that level but institutions would have no problems doing this and I believe it is part of their reasoning for marketing so hard at this stage of the game.

Glorieux