mhm for dummies... for newbies., page-8

Platinum15 - For what it's worth here are my own rough guidelines to keep track of MHM growth. Prediction only.

Until news, price will go up and down (retesting support and gaps plus pressure due to accumulation by bigger players), which will create some opportunity to buy more or enter into MHM. I hope to see a stabilisation around the $1.20 to $1.30 until news arrive (based on some good conservative valuation presented on HC treads).

The OK for the Geelong's ponds should reassure and stabilise price (push up to the $1.50 high mark reached last year?). June feasability study results (which I don't think can be anything but positive and probably will become the template for fast tracking any new plant projects) should see the price share well above $2.00.

Any other news might see the share price rise but I have personally no idea how to estimate the effect.