If it was trading around 3-3.5p prior to the forced sell that knocked the arse out of it (only 4m but with low liquidity) what can it do with a return to profit and a positive outlook for the coming period?
6-10p would only be £4m+
Very tightly held.
Similar scale to SLNG mcap wise, on results of a tiny profit it did 400% yesterday at one stage.
Expectations are of profit here so a move to at least above the point before the seller started is likely.
Could be 6-10p though if it gets bought
Prices are the main driver here now, yesterday both nigh on hit the optimal scenario given in the scoping study release.
Still holding and watching.
Zinc at $1.50 by year end will make this a target for many no matter what the doomsters say..
We have a robust cash position and not looking for funds like MYSQ, it's tough out there when you are backed against a wall.
Our growth and market position looks to be at a pivotal stage, onwards and upwards from here.