selling into the rise again with that 800,000 sell. That aside great news today from CAZA
Super news Again
Fantastic news again . Well done to the drilling team again . Great to see some good volume in the last couple of weeks . 5million volume already today , so yourkville are getting squeezed out by both buying pressure and the mounting pressure of GREAT results from Copperline, which is conitinually lessing the need for YA in the future. If the bod can tackle the yorkville issue we would be looking at unabated buying pressure above the 52week high and into the 20's for sure. In a way the sell downs from yorkville have enabled me to get a large core holding under 10p so a buy and hold now is a 'no brainer' .... Plus vertical wells have been drilled near to Gramma ridge site by other operators not many are aware of this and im sure the logs of those drills are why the company are 'very excited' to drill this prospect horizontally for bone springs 2 and 3 . The Caza result train keeps rolling and more importanly is getting better figures each well . Keep filling your boots with the yorkville cast offs :)
Finishing above 10p
would be a great result. Closing in on my break even point.
big buys coming in
lets celebrate. Oil for tea anyone??? I know said that many times,
the SP can get up to and stick around 13-15p it may put YA off converting so many bonds. The higher the SP the more volatile it becomes and YA would not want to risk converting X number of shares at say 13p as the risk of the SP falling is greater at that price and they wouldn't want to be left holding the baby. Has been easy money for them while the SP has been on the 7.5-8.5p floor. We need volatility to stop them continuing to screw us over! GL Oz
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