If they wish to do the placement at 2c then I can see a ramp to 2.2-2.3c, unless they are going to attach 1:1 AWDO then I can see a placement done at the last traded price before the placement is announced.
Hartleys have a pump and dump reputation.
I am just going to ride the stock until the next possible placement. My guess is its going to be done after the spudding but before the flow rates are known.
May then re-enter again after about 50-55 days spudding. Presentation says 60 days is needed but with expected delays I can see taking 75+days for the flow rates to come out.
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- hartleys report dated 6th august
hartleys report dated 6th august, page-11
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