RE: NEWSFLOW Just Started - $$$ Generating - Explosive Growth Company!29 Apr 2025 08:51
Harvey5416 ; " Let's not get carried away. We have a long way to go. The current SP is still lower than when there was no oil, no licence, no signatures etc. "
IMO you are making the ' snapshot price ' mistake that the detractors tend to fall for. Look at the price action over the last 10 years as shown in a bar of candlestick chart, and you will see that you could take dozens of snapshot prices in which the price varies anything from around 1.5p up to 10p. Or even up to 38p in the case of 2017.
So there is no definitive " frozen in time " definitive share price that you can compare with now during the pre-production era. A long term chart looks like a large mountain range.
In reality in every single year we have had something like a 100% to 350% spread between the low and the high of a given year - that's simply a characteristic of he price action of this particular share. And seasonality comes into that a great deal, given that for 6 months a year practically nothing happens in terms of further activity at the site, or in terms of news. Check back and see what the low was in November for example over the last few years, and then talk about the share price being better in the years prior to production.