RAC - Charts & Price Action, page-2910

This is a terrific chart John .
A great ‘story’ - showing the shareprice movements very well with the news and inflows of investment.

I love the charting , with the timing of the acquiring of shares by the three amigos - notable for being mainly after the Sheba results / COH study publication. (since July )

I don’t think we will see another RAC , not in a hurry anyway
I am not expecting to ever experience anything like this again .

There are corollaries perhaps in mining or a tech process , if a highly organised and brilliant company small team , working very hard , get to achieve initial success or discovery and then have excellent investment backing come in to provide security for funding .
And then further results delivered.
A company can then add critical people to the team & advance all to full discovery and full realisation of assets .

In all of this , more mention could be made of David Williams, who I am very grateful for , as well as to Merchant.
David W rarely invests in anything as I understand it .
What he does invest in , he is careful and astute & seeks to be able to add to the direction of the company ( Eg Bega cheese - he is a major investor ) ; or assist directly towards his and the company’s success . Here he has brought funds .
He is a very good investor , with enormous commonsense .