Predicting a SP of five cents is pretty sobering and I hope it doesn't happen but you have been right with your predictions before.
It is not unusual for the SP to trade around or below the latest CR price for a while. I hope the next CR is a long time off. I agree the next CR will be at a lower price and even more SOI will keep the SP low. An alternate scenario is if we have exploration success with our Rare Earths to the point that we book a resource, do the work and confirm it is commercial.... oh and then do something which is unusual for us ie make some sales ! Anyway that is a long way off and may never happen, but let's keep the faith.
GLTH
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Open | High | Low | Value | Volume |
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1 | 70000 | 0.050 |
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1 | 127624 | 0.046 |
Price($) | Vol. | No. |
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0.055 | 250000 | 2 |
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