I won't say it's a no brainer above 20, but it's looking more likely now, isnt it?
30 is a big call & far stretch at the moment, but makes sense fundamentally if the company wants the option conversion money. Barnsty's 27 technical possibility gives me a little more coonfidence, but let's get over 20c first before getting ahead of ourselves.
Another real possibility I see is somer sort of news in next two weeks to help the momentum charging on. We have had 1 chinese buy in ann, 2 queries & no project news yet (although we know there's plenty in the bag). ORM got to 15, dropped to 11,12, then news came, 2 trading sessions later, it ran to 30. So 30 may look remote possibility at the moment, but things can chhange in 2 days on news.
Another even more remote possibility is chinese or instituional investor agrees to underwrite CMYO at 20c, which effectively means they are happy to pay premium of 40% above current market price. Very unlikely but one can only hope
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