TA stuff ...25 Jul 2018 10:49
Pijoe/Ricfle ... I think the recent discussion regarding Zennor and timeslots etc is most interesting. The mkt, I strongly suggest, have expected more than what RT has hung onto publicly. Eg foil ...mkt expected pre Xmas + drills(?)
Because some of this may not happen, the mkt is now discounting the sp. Poo, the above etc affects the likelihood of an early company sale. Where the sp ends up shorter term, I.ve no idea. Technically the shorter term tech inds point down ...but a good rns could cheer things up. However, I.m sure the mkt thinks they.ll be zero problems regarding the engineering ...up to the point of oil entering the AM so an rns engineering update etc might have little effect. The Zennor or us stuff dies affect matters. Of course, I.m speculating. I can see a short term case if 48p ...even lower on general mkt weakness. I.m just sitting tight ..thinking long term. Not meaning to be negative ...just one pi.s ignorant thoughts/speculation. GLA.