RE: To get a feel for the market sentiment...13 Apr 2021 14:52
Ojay, I think you are right with one of your previous posts where you said SP won't gather true momentum until we see actual sale of stock regardless of when the EL is granted. Some shares are just of this nature and I'm afraid this is one of them.
Horses, unfortunately, I don't have any other information other what's already out there.
I have based my opinion purely on the remaining stages to getting the EL granted and how long it has already taken to achieve the previous processes. The remaining stages are more complex and require the highest level government involvement. I just cannot fathom that this will be achieved within 41 days especially in the current climate where covid is at its peak and everything everywhere is very slow.
I actually need to get some money out of MATD for personal expenses next week so was hoping for a higher SP but now thinking more rationally, can't see it going higher for while yet.
I personally don't we will get the EL this quarter, this is just my personal opinion.
There seems to be a couple more stages we need to get through, with covid and all the bureaucracy in place, we could be looking at slightly longer time frame. NO DOUBT it will probably when we least expect.