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Sean I think we may yet retest the 46p of June 2017 before the pfs - a week today. If the pfs is good then anything could happen and quickly.
Of course we could see the sell on news brigade bringing the price down again on the day of the pfs. But after a good or stellar pfs, it’s all to play for imho and we could see further gains above 46p. The errant 80p spike from years ago is probably best ignored as a serious point of resistance or indication of future sp?
Things certainly feel much fresher and positive than they have in many a moon.
Mathersf i agree, it’s certainly not a given that a miner will buy this company.
Add I’m in the same boat re baggers. Bought at 12p in 2013 but had higher top ups since. I think Quady and Copperpot will be around 7 bags.
Bubble, 7am a little early lol, are you expecting a RNS mate ?
In my view anything could happen within the next month here. Expect the unexpected? Im certainly not thinking that BHP will have things all their own way - not even if Newcrest joined forces with them. What chance Elon Musk making a bid? You may laugh, but who knows? When did things ever pan out as us pi’s thought they would - or even the highly paid analysts predicted? Exciting times …. :)
Well well, the pfs coming shortly and before many of us had hitherto dared to hope for. Mid-May was the optimistic date for me.
What does an early Q2 pfs mean? With an admittedly skewed bullishness, I’d interpret it to mean that the figures have come good and the company wants to forge ahead - in whatever way the pfs brings : bid, bids, JVs, further funding agreements ?? If you needed further time to get (hopefully) better results to add to your figures - wouldn’t you hold off until June?
All hypothesis of course, but thankfully we haven’t long to wait to see the real data.
It’s going to be a good Easter for Solgers I feel :) gla
Add, under the previous leadership I’d have totally gone with a Q2 reference to read late June or even July (missed deadline). But new ceo and what seems to be renewed energy & focus on delivering shareholder value in a timely fashion. Maybe Q2 might actually mean mid-May this time? Or even earlier? It’s going to be a very interesting 3 months that’s for sure and how the ongoing ‘game’ will play out between the current players; assuming we really are nearing the end-game this time. Or will there be other players entering the game??
Monte I think we might close level or just red. Possible intraday cup&handle in play - with handle currently forming. Further progress tomorrow if resistance is broken above, although the pattern might yet play out today.