Potential SP rise this week25 Aug 2025 13:25
I've seen a lot of prices being bandied about over the last few days. While fun to read and think about I, a self proclaimed investing pessimist shall do a quick break down.
We sit currently on 1.45.
Fact number 1: DL has travelled to Oz with 2 other big names of the company. Whilst enroute he has potentially confirmed the 12 tenements that were previously up for consideration. This will excite.
It may also lead to an RNS tomorrow. But this is speculation only at the moment.
Fact 2: Core photographs have been published on X and have people with backgrounds in this field excited. This is also good news.
Fact 3: WSBN has been all over the news these last 3 days since the markets closed. All with speculation on where the SP could go in the short and medium term.
I think each of these alone would usually raise the SP anywhere between 10-25% on a good day. Each compounded could raise it as much as 50-75%. We could be looking at a rocketing price tomorrow closing closer to 2.5p than 1.5p. Now these are merely my thoughts, but in the short term at least, this has incredible legs. A top up if possible is a great idea at opening bell tomorrow. I for one will be looking to increase my holdings again.