New shares tuesday and wednesday will probably hold price down. I suspect news Thursday that may then set this for a rally. Tomorrow and wednesday probably hold days and watch the sp for additional top up chances. First hour of trading may be deceiving . Medium term this is looking very strong.
Judging by the derrick movements on Sunday's webcam, they were only running casing / liner then. If that is the case, then I doubt if we will get any flow results before Friday. Fingers crossed and GLA.
so still looks like a decent buying opp may arise anywhere between 3.2/2.8p ceteris paribus & caveat emptor n all that for a push on up above the current peskie 0.4p resistance.....
wI was 0.22p in length & wIII 0.25p so would expect wV to be in similar proportion if not (as seems to happen in AIMies) possibly longer.
this would suggest then that 0.5p & poss more is "doable" within what may be this first V wave move of possibly wave1 & if a genuine bull trend is emerging then again the wave counts will be 1up, 2down 3up (long & strong!!!) 4 down & 5up all on a much larger scale - see the EW & fractals link below....
Yes we might of paid for access only, but what your missing out is that initial payment was for 30k. XTR has just paid out 250k and we will get better overall terms. This deal is done in my opinion. I will eat my hat (along with paddy ashdown) if XTR walks away from this. Jan doesnt seem like the type of guy to throw 250k at something for nothing. If it did turn sour then the CEO would have egg on his face, but us investers would quickly forget about the 250k because Chepica will probably be bringing £24 million a year around then :-)
Doing what it says on the tin. Paid for access only. Now testing the heaps. No further cash required until the Bod see the results. If its poor then expect no action or cash spend. Jan has seized this as an opportunity so EXPECT the next step to be $125,000. 2 months of Cheipca profits lol. Cash put to good use.
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