What we can rest assured of, is the video confirms an operation in motion. Kind of feels like 'chook feed' to keep those share holders thirsty for info distracted for the meantime.
But, the video shows me there is stuff happening, which wouldn't be the case if there wasn't anything viable/economical there (our JV partner wouldn't stick around otherwise). So it confirms that the 'fundamentals' of MAY remain intact. Other than that, the majority of our interpretation of the site video is speculation.
AP aimed for 30c (1 billion MC) within 3 years. He's told us his growth target and duration. Thus I don't think he's got any motivation to pump the stock with weekly drill updates when he's got plenty of lead time ahead of him. He has plenty of time to recover the 'lost ground' on the SP, which will likely explode once we are labelled a producer (IMHO).
MAY - site operations in Cuba, page-16
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $80.88M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $68.51K | 2.960M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 338720 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2244796 | 10 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |