Sp movement6 Nov 2023 21:14
It's nice to see a 13% rise ON NO NEWS... well no official news. As most of you know I've always been questioning the " false rises" for it to drop eventually, its been a very long time we've held a decent level in regards to the projects we have etc...
I much rather have these 10/15% rises few days a week that are consistent and stable, for the market to acknowledge what real potential glr has and add that value to the sp, then when we get the real news regarding luansobe, kamatavi, kalahari etc etc... our sp should already be at a respectable level and motor on.... that's not asking for too much but imo a realistic expectation.
Imo the market is not very sure about CB and thats across alot of his company's, so for me that's where the issue is but i could be wrong.
Sfr baught in at 2.64p ( if im not mistaken) surely they did their DD, not only with kalahari but the overall portfolio of glr, they definitely had more insight or they got mugged off too (highly doubt it)... so for me personally 2.50p+ is the level playing field and from there we grow. Quite bit to get to that level but I honestly think ( may know..lol) that our friendly Chinese friends will assist us to get to such levels and beyond for a start.... normally I'm not this positive in my posts but I have good reasons to be a little more optimistic BUT i still say birdie is not on my xmas card list.
As I said sunday evening "this should be an interesting week" i hope!! Gla