RE: Not even an update on.....15 Jan 2025 15:26
We have tried drip feeding good news to the market, we used to be throwing out RNS's all the time and we got a little bump up then back to this level again........the drip, drip, drip of small pieces of good info is only helping day traders in my opinion.......
the holders we have left are the hard core LTH's that see real big value in the longer term.......another assumption im making.
the SP level is stable just now with no real movement, and i get it........we want it and we want it now.......
BUT...............perhaps the NEW strategy is to wait, make progress, align, see drilling results, plant online and producing before issuing a "GAME CHANGING" RNS to the market that CANNOT be ignored.
the SP will then rocket on this positive news and the LTH's that are the hard core believers will benefit 10 fold.
thats my prediction and i predict we will see drilling results beyond reproach or question of over 30% yield, we will see a fully functioning plant with capacity of over 100,000 metric tonnes per annum, ( do the math on 30%)
we will see an offloader onboard who will burden the cost of dock, harbour,quay for an exclusivity contract.
we will see sheffield snap up their option on shres at 2x this SP.
we will see ALL of this before April.
Ando