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Ann: Project Leonis Acreage Awarded, page-20

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  1. 1,646 Posts.
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    Lets not get emotional now because you are in the red Ralii.

    Just be patient and hope you get a return with next years drill. Investing here now is fraught with danger as with so many shares in issue and having to raise again, like clockwork, as they always do, at such a low price, means the chances of consolidation are a realistic and very viable potential option.

    So, waiting until the raise is done, and buying near or on that raise price may be the best play here (in my opinion), then when the placing shares have mostly churned, excitement for the next campaign may begin.......towards the end of this year.

    It's April Ralii, give me the investment case to pile in with two feet now? When we know we will have 9-12 months before any meaningful activity? Please provide me with the short term catalysts?
    I can't see any personally.

    All just a LONG waiting game.

    All my opinion, no advice.
 
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