Previous spikes were not long lasting but then they were in hope of something good happening soon.
Something good like
1) Binding JVA with Exergen ... delivered
2) Mt M ILUA ... imminent
3) BM JORC ... due in a few weeks
4) Commencement of drilling on gold tennements .... imminent
5) BCE becoming a sexy topic ..... delivered
To name but a few.
I guess then that "spike" is the wrong word - best replace it with "sustained re-rating."
The options depth is giving us a clue with just 37k on offer below 10.5c
EB
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