Hard to tell anything, you either hold, buy or sell. The logic around a third drill in early 2026 is good (the assumption, the must have hit something of interest); or bad (they just want to keep 'hope' alive, and burn some more cash on a early 2026 drill - giving them XMAS to re-strategise). Lots of angles to it. My experience gambling with these junior explorers is typically 'if they have something they can toot their horn about - they will'.... and that is my concern here. Where is the 'toot'.
Lol, trading so light. The reality is, you could probably buy heavy now, and palm off again at 0.50 with close to zero risk. Human psycology at it's finest here...
Time will tell. I think we'll get some positive price action shortly - 'family offices' are not in the business of losing money... since we are still under their 0.040 raise price. Gotta be optimistic - else I'd be out chasing Antimony speccies!
Yeah, we'll catch a bid at some point soon. Greatland has a big pump today, on the back of real fundemental production copper/gold - the OG Havieron deposit. A decent intercept in one of these drills, and we'll fly. If not - then you know the story... https://www.greatland.com.au/assets/havieron/
It's a classic case of 'live by the sword, die by the sword'. Everything takes longer than you expect. You either sit back, and let it happen; or you get out while you can (ie, derisk).
Amongst Stamper and Oregon energy joining the big oil hunt (with seasoned oil execs), we're going to need something special. Juno on the otherhand, we've got Callum (so all good from that front).
I genuinly hope they have someone on their team that knows about deepwater oil exploration - are their even any geos, or petroleum geoscientists who can 'talk the talk'? I mean, Omar can hardly do a pre-recorded webinar...