Morning all.
I am awaiting some answers from both Canary and awj on some clarification re- numbers of Munda.
I have pointed out that there is reason for confusion, understandably these are subject to change.
Meantime I found it interesting to see what the current SP retrace means on the chart.
In the pic below, those Red Circles where the SP has retraced to touch the White line, (43ema).
I am assuming we are about to see another visit which would represent ~25c depending on how long that could take.
.
I believe there is lots of promoting by the board going on in the background and will no doubt be ready for the next phase of developments.
The next move in the GP should also start to attract the masses which, at this stage has left most mum & dads behind.
It appears that it is only the well researched and into's that are placed so far.
I have asked if the resource included the HG intersections beneath the Ni that was subject to the WIN agreement.
That will no doubt have a positive effect both for a potential increase to the number but also the grade.
I have also asked Canary about their aisc and if they may have changed it.
Upon answers to both, I will have a better number for the potential cash profit.
Will keep you all posted upon the replies but also worth noting that as time passes, these things change anyway.
aimho
Kind regards, Wack
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