If the final environmental permit will come now in January or possibly February, then there are things to consider for us small retail investors..
Given the shareholding as of today - I think major shareholders (gold funds and related funds) are preparing to increase their positions big time. They play the long game and the situation will be de-risked further when the last the environmental permit will be in place.
A construction permit is then the final step to start preparing for mining. The big boys with a majority of the shares will yet increase their position. Why? Cause then they will be in charge of the show as the largest owners (in the power) of the construction-ready mine.
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