RE: Likely 300% Upside on Licence Permit25 Apr 2025 12:10
I mentioned in a previous post that it’s my view that over the previous 3 weeks now circa 9.5M shares have been traded, with over 90% solid buying between 5 & 6p, we’ve certainly witnessed a steady buyer taking regular decent chunks as well as the 1.45M buy at 5.85p, circa £82K.
So, I suspect we are at a tipping point as all the recent buys by investors including myself, are looking for a proper return from these levels, so won’t be selling anytime soon.
My thoughts were that the 10M raised recently has been flipped, hence some weeks of buying and a stagnant share price, but that ‘float’ has pretty much been used up.
There will be a catalyst here, combined with very little stock, that will really ignite this.
The trick will be to hold firm as the MCap begins its journey to something sensible resembling the huge resource the Company owns 73.3% of.
Remember, it’s taken 4 years to receive the environmental approval requiring 16 different departments, the biggest hurdle is behind us now.