Agreed Silvertrust, people can complain about the way the company has been managed, the missed timelines, PAAS, lack of positive analyst coverage, etc, and they would have a fair point. But in the end the facts are clear Orko has a hughly attractive project that will be sold sooner rather than later. And by sooner I mean the next 3-6 months. It is also a banker that the bid will be a multiple (x2, x3, x4 ??) of the current sp.
Any delay only further strengthens OK's hand, in that delays bring the new PEA closer. Whilst a full fledged FS is not on the cards Cope did allude to the fact (probably for the benefit of any majors listening) that they could put out a pre-FS after the PEA, if needed. Whilst PAAS did not complete the full FS they did do quite a bit of work towards it that OK now has, some of which could be used for the pre-FS and it would not cost OK a penny.
All I want for Xmas is a bid of $4 that ignites a bidding war by some of the biggest players in the industry, not asking for much?? You have to take Cope's recent comments with a pich of salt, firstly he has lost all credibility in terms of giving believable deadlines and you have got to believe he is doing his job by pumping the project with a few majors waiting to pull the trigger. Wonder if Cope has to or will divulge when a bid is made, even just to say one was made and rejected, that would provide a hugh boost, as a rejected bid would suggest the sale is imminent and would act as a trigger for those investors looking to make a quick buck to get back in.
Patience will be rewarded, just wondering, what other stocks offer the opportunity to at least double or triple in the next 3-6 months and I don't mean the exploration companies that are still looking for their pot of gold/silver.. Good luck longs.