RE: Gut wrenching !!!13 Apr 2022 19:57
Aye up TaT :)
Always difficult to know what's going on in the background - as it's supposed to be - but to my eye, six straight red months ahead of a DFS drop looks, again, to be protesting a little too much IMO - I've no idea whether they'll double-bottom this at 20p for a certain-looking initial target of 50s or whether they'll smash her to mid-teens but the volume around 21p is notable IMO.
If these really are sells then they'll have no problem dropping her below 20p but just a month or so before the DFS drop makes me sceptical and, no, never, ever trust a trade when it's shown publicly. We've no idea what left-hand to right-hand shenanigans are being worked especially when the timing gets tighter, as it is now :)
Anyway, let's see what happens, it's certainly the right kind of project at the right time, Rare Earths, plus the Uranium and Nickel shouldn't be overlooked either.