RE: Future19 Oct 2025 23:21
For those of you showing concern that I was buying on Friday, I'm touched but it does appear that I wasn't the only one. Why would that be?
Apart from the few zealot doomsters and shorters on here, there is general consensus that GH has steadied the ship and is well on the way to sorting the mess that GR left... so much so that in this next phase, Prem is likely to take the huge step forward that the vast majority have been waiting for. I fully expect GH to get the support that he needs and, like others, I believe that Canmax have already approved this further placing. I think that GH has got his own supporters and will have no problem whatsoever getting the placing away.
So we know that the stuff in the ground is good quality, we know that GH is the real deal and that he's grasped the nettle and we know that he's going to have the cash to sort the plant. That's a formula for success.
Of course, there is the question of how much the next placing will be and at what price... 10-14 days is a long time in the market nowadays. I've taken a bet that the sp will be higher at the end of the month (risk/reward and all that) because I reckon that I won't get a sniff at the placing and that the sp come the 1st trading week in November will be much higher than now. I might be wrong but I'm prepared to take the risk.