Very well said - how many drill rigs have they had running ?
it’s time for a please explain from the company
you can email enquiry , but the company should keep the market informed.
it comes to a point where the ducks feet paddling under the water , all calm on top, actually start to stir up more mud in their silence.
Please explain to the market CE where our multiple rigs have been been drilling . The Indians are restless.
the sp is anaemic.
but the Renard finance bridge to our development while driving the sp to recent heights , falls victim to the sector sentiment. Sellers must have been betting on the profit in hand front the 50-1.30c run .
A quality revelation should have had its CR followed closely not at the eroded 85c etc
so here we are at half the 1.30 price Renard drew , same Brilliance that it offers us in the sector lead probability to develop . But half the price tag. Clearly those sellers were betting on the sheep trade , the CR didn’t help , and the bed wetters did the rest . When the clear capital / finance advantage is with Renard , it’s up to holders to decide whether they join the bed wetters and ignore that which makes us a high probability development bet , or recognise it and accumulate the opportunity..
Or simply hold on to the fundamental strength in probability betting development- and ignore the sp volatility. Difficult I understand. Especially when the company remains silent .
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55.0¢ |
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Mkt cap ! $118.9M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 52831 | 55.0¢ |
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Price($) | Vol. | No. |
---|---|---|
58.5¢ | 36000 | 2 |
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No. | Vol. | Price($) |
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4 | 52831 | 0.550 |
1 | 12238 | 0.545 |
6 | 112200 | 0.540 |
2 | 13520 | 0.535 |
1 | 30000 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.585 | 36000 | 2 |
0.590 | 20000 | 1 |
0.600 | 47909 | 2 |
0.605 | 15000 | 1 |
0.620 | 33899 | 2 |
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