Up now please22 Nov 2023 08:39
3 day drop period over, sell on news brigade out, traders out, sellers finished, all dilution completed and no more expected for the foreseeable, directors finished selling
nothing to prevent this moving up from now. Now is the time for lth holders to top up, the people on the sidelines to buy in, the bigger boys to buy in ( though I suspect some institutions will still be waiting for the last piece of the puzzle licence transfer )
now is the 'safest' time to buy in, DFS done, Jorc upgraded ( with potentially more to come ), finances sorted, JV sorted, money in the bank, equipment orders going in
not expecting anything explosive, it is a slow burner till plant built with some potential nice spikes from other areas ( cough gold ) but kind of expecting it to get to 0.6 area then sideways for a while with that as the new bottom.
Is a chance it will dip a bit more of course anything is possible - but 0.45 is strong bottom area and unlikely to ever get back below that imho ( barring absolute disaster ). But with all these pieces in place the downside risk of a 10% dip is far far outweighed by the upside multibag potential
to summarise: buy buy buy IMHO*
* not investment advice DYOR ignore my numpty ramblings WTFDIK🤷♂️