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12.5% 3.5¢ olympio metals limited

CLI Day Trade-SP-T/A, page-145

  1. twmochi
    880 Posts.
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    08/11/19
    11:02
    Post #: 41316535


    I am looking at a short term trade right now - if there's a continued push i may buy on the expectation that an announcement is imminent.

    I'd buy long term if they have offtakes for the remainder of their crops. Not sure about a return to 9c anytime soon to be honest - what's their long term strategy? Increase the acreage for next year? Will there be another oversupply next year without regulation to restrict production?
    CLI Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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