Very difficult to find a comparable off-take agreement Seanbuccs!
Given LCK have such a large uncontracted gas reserve, a large off-take will take us to another level, especially give the fact that the share price is coming off such a low base. It will be the big re-rate we have all been waiting for. I'd say it would be disappointing if we only reached the previously high of 0.43. As Rocket has said previously "that we will see no resistance until high 50's, maybe even 60's" - this is what I am thinking. And a finance deal will give it a further boost.
Not sure if we will continue to rally, or if there will be another pullback on lack of news flow. It's really a guessing game. Africary were/are onsite in June, so it would be nice to build on the Heads of Agreement - I think we can expect this to be announced next. I think it will be a good Christmas for all (patient) shareholders!
Here is some technical analysis - "the bullish signal indicates that the stock price may rise from the close of 0.27 to the range of 0.55 - 0.61". This would be nice - up the Continuation Diamond!
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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58 | 85868098 | 0.002 |
20 | 84805000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 29798550 | 19 |
0.005 | 5117674 | 15 |
0.006 | 6689020 | 9 |
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