Calm down and be patient.........28 Oct 2024 08:17
One or two enthusiastic bunnies this morning throwing around 10 to 20% increases today. Not quite yet folks (but it will come in my opinion, but not just yet).
The RNS this morning is great but it is just confirmation of what was already known and well publicised in the past few months. However, it keeps the momentum so it would be nice to see a steady tickup today (maybe 2 to 5% if we are lucky).
There has been some scaremongering over the budget, which won't be good news, but personally I think any downside will be minor and temporary and has been overdone to death by our trolls. The expected increase on the announcement of a commercial discovery at Clink will outweigh anything the Rachel will do, again, in my opinion.
So, sit back, ignore the muppets and be patient! This will move with extraordinary speed once the news flow starts in earnest! GLA