Yesterday, Last Week, Last Month........14 Dec 2020 14:40
Never has EU's "sophisticated buyer" statement made more sense than it does today.
The RNS took us all by surprise, so looks like my 3p prediction for today had a spanner thrown in and will miss.
HOWEVER at just after 8am this morning you saw people like IK here gloating about 2.35p, one hour later a 12.5% rise put us above Fridays closing SP.
The FUD has no real effect now, the buyers are in the wings.
The share still remains as always a binary share, but we are about to drill, there are limited days left to get in before the rises, this mornings recovery bares testament to that.
Only a fool (and there are plenty of them about) would believe that the company has thrown $110 million into a project like this with an expectation of a duster. Of course nothing is a certainty but its as close as you can get to one in the industry.
As soon as this legal threat is put to bed this will either drop like a stone or sky rocket. At present the odds are on our side.