As I've remarked earlier IMO the market has already factored in a "reasonable" increase in resource, thus anyone expecting the McDaniels report to push the share price higher off the back of that report might get disappointed.
IMO the far more important information is about Alameda and Marti zones - the market hasn't enough information to factor in either, and therefore the share price will either move up or down depending on those results.
I appreciate the summary drilling information we received yesterday as we know the drilling continues, albeit slowly, and we're not far from Alameda zone now - maybe another 2 weeks we'll get another update.
Cuba Block 9: Alameda-3 Drilling Update 14 February 2024, page-38
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Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.3¢ | 3.0¢ | $90.72K | 2.927M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1456582 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 1279469 | 5 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MAY (ASX) Chart |