RE: State of play, 3 catalysts for September and all LOW risk imo4 Sep 2024 19:04
Another look at the trades, the bid/offer also fell after that 1.5m trade. Unusual if it was a buy. But again, regardless, we are down today. We have a large seller about and no reasonable person can deny that. It’s disappointing because I firmly believe we’d have been north of 4p by now, but this is the problem when MB offers 95% of the placing shares to his mates in the city. PI’s were left with a pitiful amount ($500k?!) and now many shares are in loose hands.
We’ve got to hope there is nothing sinister going on and that PC play ball in contract negotiations, Mongolia play ball with construction permits and we have no bad luck. Oh, and a hit at Gobi would be lovely 🤞