Anthracite and silica miner Petmin was waxing enigmatic on Monday morning, advising shareholders to stand by for a possible blockbusting announcement.
The South Africa-based company said it has entered into negotiations which, if they come to a successful conclusion, could have a material effect on the price of the company's securities.
The presumption is that the said effect would be a positive one; at least, that's what the market has presumed, as the shares charged up to 23p from the previous trading's day's close of 21.5p.
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