no volcano, I dont have the financial resources to pump up the price, not even a couple of ticks.
you see Iv only been in market for just over a year, after paying for tax, a new car, a new house, Mrs TH's bags & setting aside 50% cash, I hardly have any money left. :)
anyway LT potential doesnt interest me a bit in this market.
however I do see a few ST factors to possibly drive SP north, may or may not happen, but risk reward seems good at 1.8c.
1. performance of other Manganese explorers on ASX.
WMN jumps to mind.
Our neighbor in Zambia ACZ saw their SP doubled & they havnt even started exploration yet.
2. newsflow. According to preso, management is trying to nail at least one LT offtake agreement with steel majors in this quarter (which means within this month).
well that one can argue, we should expect 1-2 months delay, but SP may run up leading up to the news as most would expect
of course things could also go wrong, obviously 1.7 needs to hold, so tight stop loss
in the meantime, watching for volume increase for possible SP directions either way
that are my thoughts only, if you think Im one of the rampers on here, just put me on ignore
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