Nah but sadly you can't sustain a $1.25M (as of 31st March) cash balance for long when you're paying 100% of costs for the project, involved in arbitration and trying to order long lead items for forthcoming drilling campaigns. They've also appointed Novum. Doubtless to conduct the fundraise. Hopefully 0.18p. That would be a good price. ATB.
I’ll take blue. No matter the source. Has definitely looked better the past week. Hopefully the bottom was hit and this is now your standard consolidation whilst the market figures out which direction next and when..
Naked shorts don't appear on those websites. As they are illegal. It's one of the market makers. Probably CFEP or PEEL. Usual protagonists. Drip, drip down with the mid price higher than the buy price so 90% of trades are shown red. Standard stuff.
I suspect related to the 102M shares about to come out of lock in. Perhaps a trade price of 2p has been agreed. Certainly looks that way.
When the short closes, up we shall go. Probably May. Didn’t think the news earlier was particularly thrilling, despite Chairman’s comments. Market seems to agree.
LSE itself doesn’t make much difference. The main baseless ramping/trashing goes on Twitter these days. Needless to say: they’re on there too with their rockets & multibags & imminent
Good news earlier. Nothing earth-shattering but positive. The rampers set to work to “earn” their 5% by claiming deals are imminent. 2p incoming. Blah blah. The mega rise fails to materialise. People get frustrated and sell. Price ends up pretty much where it was.