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Make no mistake first 'indicated' resource IS a big deal and will warrant a significantly higher share price. Whether that is achieved before, on the day of announcement or after is of no consequence. Just be assured that we're heading much higher.
I'm hoping for 0.008p prior to the JORC. Then providing it's as anticipated, a possible rise to previous highs of c0. 0125.
That's top slice area for me personally. I'm hoping to sell 4.5m at c0. 0125 and retain 10m (ISA) until literally whenever they get mining or sell the whole thing.
Nice holding herts
I agree with your views. What I meant is where do people think the sp will sit at just before we get the jorc RNS. I also agree if SP sits at around 0.08p ish on RNS day people could sell on news and SP dips. My view is current price and market cap is ridiculously low which is why I added today. Bought last week at 0.024 and a month ago at 0.0515 so I am currently about break even with 35 million shares
.... having said that, I do anticipate a considerable upturn on s positive JORC...
I’m looking at less as what specific price the JORC may move the SP to on the day and more at how that JORC upgrade will support the SP long term, and help stabilise it. Mets , further drilling and further investment will only add to that. I wouldn’t be surprised if a positive JORC result was met with a downturn in SP (I’ve seen everything on AIM) but would likely also mean a correspondly higher resistance level. It’s important not to just think as far as the next RNS.
If you look at the s.p line graph over the last 5 days it looks to have a very reasonable trajectory - it's averaging out at approx 8% per day
Obviously I meant 0.06/0.07
I am hoping jorc is within the next 10 days so the sp has time to rise in advance. 0.6/0.7 on jorc day would be great
I do like a Prediction.
All I will guess at is that it will not be lower than the current s.p.
That's regardless of how long it takes to deliver the Jorc figures.
Gla
Do you all think the sp will roughly be on JORC rns day
Yes, you're probably right.
It would be logical for some of the major investors to take a nice 50%+ profit on some of their holding, which will mean more warrant applications no doubt.
The good thing is that a lot of p.i's looking for a nice profit have taken their place.
DB will have offloaded a good chunk
Of the placing stock over the last few days. No delayed print sell so
Looks like the overhang was cleared today. Market makers won the day today. Well
Done if you held your nerve. Should move to 0.5 maybe even
Tomorrow
Bobby, are you back in ?
I should of added it was just from LSE, NEX exchange as you have rightly pointed has been pretty active as well. Hopefully JORC update on Thursday. GLA
Just click on the Euz share price icon and that info is there for all to see .
I'm not saying it is accurate, but I'm 99% sure that is the source of the data
Let the rampers ramp , the de-rampers de-ramp I say!.
I would not want to be out of this at the weekend!!! Oh, or midweek .
.042 here we Come!!!
Gla
What a great top up opportunity at 35 earlier, let's hope it continues now without rampers and derampers.
All they were doing was playing on the nerves of impatient rainbow chasers and they swept for cheap shares, as soon as a large sell went through the panic set in and it was easy game for the MM's. Rinse and repeat here! it's a traders dream now is this share...
Incredibly nervy topsy turvy day designed to catch out the day traders. Some will have sold at a 20% loss from the morning. In fact the sp finished very strongly and back to blue. Bodes well for tomorrow
Wonder if we'll see sneaky Simon and his magic little chartist back again tomorrow for another epic adventure of day ramp on the AIM
Dummy sell 30 odd mill 0.038 not today thanks ...gla
Negotiated Trade to buy in bulk at the moment.
0.0095 then the Jorc - that'll do nicely.
0.008 for starters