I am punting on a corporate take up. There has been considerable CNJ retail investor take-up fatigue in recent times - even though I have participated in the cap raises along the way. The CNJ price action of late reminds me of a lithium stock I hold and which exhibited similar price action before a corporate raise in late 2017. I could be totally wrong about a corporate allocation, but the recent price increase exhibited unwavering confidence about something. Interesting times ahead.
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