Profit... takers 20% plus...10 Dec 2021 14:41
I think holders were too tempted with the 30% rise yesterday ... which is understandable...
My take for what its worth... Great XTR have found another system....or grouping of finger porphyry's
Great they are looking for a third......
its obvious to me ... there will be another 2 rounds of drilling to firm up some realistic jorcs....
The grades are not the best , but quantity should balance that....
I think a rise will be needed for the next campaign as Colin always likes a buffer.... will come after a 10 day average high obviously so expect a little more news to maintain the 5.5p plus....
If this new system has better grades then the raise price will not be too discounted and probably over subscribed... 5p i expect.
I think another 2 years ...firming up a resource..look at GGP....Haverion.... I think 4.5p to 7p will be our trading range
for a good while yet
ATB
Merry XMAS