RE: Current Cash Position1 Feb 2023 18:23
After listening to the call, i think we are in a decent position. However, share price will not move imo until there is more clarity around Orion (might take a few more months). Also, we need to see V price continuing to rise (largo is doing pretty ok on the back of it), production achieved and, finally, we need to see Belco coming on line (with sales) and BE successfully carved out.
Lots of ifs, but I feel quite confident we’ll have a good year as they are all targets not impossible to achieve.
SP wise, we’ll stay around 5p until at least May IMO.
GLA