Time is ticking for a CR. Im presuming they would drop the rock chips results and starting rattling the empty tin. Its downhill till rock chips. Vwap maker on news drop straight into a CR. Or Rattle the can about a week before results to show newsflow and liquidity event to raise the money.
Any hope of raising money above the last miserable raise at 0.1c is dead in the water.
The investors from the 1c CR barely had any liquidity to sell when price went above 1cent. If the raise does happen at 0.005... expect strong resistance at 0.008 where many investors who doubled down sell for a half pip profit.
All in my humble opinion.
AVM Price at posting:
0.5¢ Sentiment: None Disclosure: Held
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