RE: Dummy Sell20 Dec 2023 16:44
If I were expecting a continuation of this drop I would be selling up to buy back later.
I'm not. I suspect this shakeout has pulled in, and been amplified by, a few nervous holders.
The scale of the opportunity here has been confirmed, and todays inflation surprise (even tho UK specific) strengthens the macro case by lowering LT costs of capital on the path to development.
There is now an opportunity to buy in or add, ahead of the remaining assays in NY.
I'm not getting carried away like some here who have talked about 100p, multiple £s etc, which is both fanciful and foolish, imv.
But looking at current Mcap vs the scale of the Ti discovery there must be 15 to 20p on the cards for January.
And if those assays come back with commercial Cu grades too, then upside is considerably more.