focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Hi JR, If I remember correctly there was a lot of environmentalists putting on pressure, also they had flooding problems and applied for permission to divert a stream running through the property (not sure if that was granted). You have to remember that Vele only has Semi-Soft Coking Coal and Makhado has the real deal.
All world markets heavily down this week, mainly due to interest rate hike.
So I believe lots of profit taking here given the last couple of weeks 'drama'.
Once things settle down I believe we will be back on track.
Obviously Makhado funding news would be welcome SOON.
Seriously though Bozmo, with no release of any news and Q3 about to end (no funding), I am totally bewildered as to the
unbelievable (but very welcome) rise we have experienced. If it is not the Chinese investors manipulating the
SP then what is it?