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Tide turning on this one and will move fast once we churn through a bit more volume. Steady rise over the next few days would be nice. Targeting 3p+ here fairly short term.
Fantastic business and SP is only this low as the result of a large seller which looks cleared now.
GLA
Wouldn't buy into the Americans buying up stock this afternoon. Patience required. Volume has been decent so far today. Establishing a new price level before another move up. Price action is exactly how I'd want it to be.
Bare in mind this has risen from lows of 0.65p. There will always be sellers along the way but price looks very stable and rising nicely and in a controlled fashion. Fantastic price action as we move towards an exciting part of the companies journey. Definitely has the makings of a substational rise in SP of news is any where near what it's expected to be.
News not great however a massive over reaction imo. Double event and copperhead the main focus here for sure. Wouldn’t be surprised to see the big players increase holdings now were back at these levels ready for news on these assets.
Matters not what some are doing short term. Only thing that matters to me are fundamentals and the investment case. I’d say they look very promising here now.
Agree Skier. Possibly a huge resource now and pre-drill is where the easy money is made. Often gives one a chance to de-risk ahead of the result.
Many multiples of today’s SP WITHIN a year. Meaning I expect this to be the bottom and it could be, say, a 10bagger within a year. By next week the SP will be much higher IMO but over the next year I think this builds and builds into a multi bagger. Signs are there and the tiny Mcap this is starting from means there is scope for it to be many multiples of today’s SP given the right news.