Can't read any indictive pattern, here of sp projection or retrace. There was a Double top [negative] but wasn't confirmed by a 38 break. Gap there held as Support, bounced off so didn't happen.
CLQ issued it's Qtrlys very early in July than is usual. Cleared the decks for the proposed DFS issue late July.
That this "deadline" was not met [there's still Monday imo] probably had Friday as a red day but it had gap opened so can't be seen as "insider" hitting exit or coming the dump, just nervous pre weekend.
Anyway always dicey holding a share for short term news play. However the DFS should be just the first in a series for Mgt to outline a Production Scenario. Perhaps an update on securing Offtakes ? Even something in DFS re Cobalt feasibility? Could also August progress Water Angle?
Anyhow I see/dream 70 cents as next target. 10year since float All Time High Blue Sky Territory.
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