This is an extremely positive announcement but as always, the market hates surprises and the fact the PFS is delayed, even for a very good reason, will be a surprise for many.
The real interesting question for me is what the quarterly tomorrow will bring. Is this a case of getting today’s news out the way before a positive quarterly tomorrow and an expansion/offtake announcement? I guess time will tell…
In any case, the share register is being purged of the weak holders who are selling today and that can only be a good thing for us moving forward. I’m tapped out so unable to buy at today’s discount but I hope some of you are taking the opportunity to top up!
E25 Price at posting:
$1.79 Sentiment: Buy Disclosure: Held
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