Last year I didnt buy at 0.6--0.7c during the quiet period, and instead decided to wait for the post CR drop.
Subsequently, the sp rose to ~1.1 c on pre drill newsflow, and they got a placement away at 0.9c.
Prior to any results, the sp didnt drop below 1.05c, so my entry was 1.1c, and av pre result exit 1.25c.
Not much of a sp run due to no flow testing until this coming season.
I think they will do another CR prior to the flow tests
Even if they dont need the money for the near term, they want to be cashed up to survive at least another 12 months should the flow test results disappoint, imo.
This year has the quiet period trading around similar levels to last year
I'm in the queue at 0.6c and have a few at 0.7c. I think thats a fairly safe entry level with a view to taking profits during the testing phase. Obvious known downside is its dead money for a few months while things are quiet.
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