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Short Term Trading Weekend Lounge: 26 - 28 Aug, page-259

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specgoldbug

13,113 Posts.

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28/08/16

08:47

Post #: 18742587
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Originally posted by Spikerama ↑

Thanks Nambo for doing that for me. Very much appreciated.

According to Half Yearly they have about 20Mil left from a capital raise in May. Supposed to take them to next year when the Ice2 well will be put down. Though I suppose it's possible a small raise isn't out of the question just to sure up for Q1 2017. Hard to tell really.

So you reckon around 5.5c is where it may find a support if not pushing through beyond 6 -6.5?

LSE had a high of 3.8p and closed at 3.53p last night which is about 6.2c Aussie not discounting exchange commission.

I think it's likely next week that it may just break through 6.5c and onto that resistance. Hopefully it's got enough puff to slowly bulge through and onto 8c which it really what I was more concerned about.

Cheers again mate.

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Originally posted by ewartd ↑

That being the case keep an eye on DEG and AUZ, they could surprise. Good luck.

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Originally posted by bratt90 ↑

GLAOA very cheap option

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No images, so you get the pineapple- A coveted award in @LongPier International markets Dow Jones nightly tipping contest
3 Upvote

0 Great analysis

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