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Re: MikTrader post# 7382

Wednesday, 03/12/2014 5:05:30 PM

Wednesday, March 12, 2014 5:05:30 PM

Post# of 51072
My understanding is that there has already been "agreement" on price. I put the term "agreement" in quotes because with China, and I assume Niger, everything is always negotiable, even after a contract has been signed. Frankly, the big surprise would be for a deal with China and Niger to go off without "unanticipated" delays and problems. I will believe the deal when I see it, which is not to say that we are not getting a straight story from the Company.

My guess is that the current numbers are at least as good as earlier guidance indicated, and that news has gotten out. Certainly the fact that the Niger/China trip has been delayed is hardly an explanation for today's move.