Nothing like a bad markets day to bring out the boiler room share bashers.
I never understood anyone who would own a share and publically put it down at every opportunity when it is under pressure and then never see those same people when it is rising.
Sadisitic share owners? Promote the price going down but not up......
Need to exhaust resistance sellers8 Oct 2018 11:20
4p top of the short term range, if we break through then it should change the selling dynamic, i.e. stop selling seeing it move into a new range. I'd have thought seeing in the new FS would have been worth the wait. The second line will greatly improve the project fundamentals and value.
Heard of bank loans, loan notes, offtake agreements....
If a project has high profit, very short pay back, borrowing money is more likely.
Altura signed $110M loan notes.
Since 7th July.
Just hit resistance, if it breaks through and holds 6400 it could very well move on after breaking out of this low.
Good time to be getting a copper mining licence...
normally they wait for buy liquidity to sell into, but not much of that this morning, I would have thought that 3% rise last night would have encouraged some more buying today, but alas no.
However this FS is materially different and the values contained within will be different. second feed being the big one. It is not just a confirmation of value from previously but an increase in value will be seen. You also need and inflated price to sell into!