RE: No QUESTION about it ...18 Aug 2021 13:49
I don't know QS but when you said there was no question about it, I thought perhaps there was.
Its hard to know how much hot money is left in the stock. Clearly there is value built in to the SP on the expectation of news "soon". If the news is good then there should be some appreciation from where the SP is now (best guess is around 14p), unless very good news and I can't quite figure out a realistic scenario for that outcome, although i do though, have an unrealistic one bubbling away! ha ha).
My thoughts are that the data had been being collected all through the 2 months of drilling and the attempts to wire log at the end for a week. All during this time the next step would have been considered. So I think the news is very close to being published
Either we are getting a bigger drill and staying (relatively) put.
We are (already) moving to a new site to drill over the next few weeks
We are going to drill 2 sites at once (where we are and one other)
we are waiting until next year due to weather constraints.
Option4 is, in my view, the worse case and I would expect the SP would fall from here, but it would/should be temporary as its a "time" thing not a "failure of discovery", thing.
Who knows... what a game eh?