Be interested what Spec has to say about this.
From the laymans' perspective this looks like a 'yahoo' moment but understand, possibly, (but unlikely) a concentrated/isolated hit; only further drilling will tell.
Question is whether to buy the 15k @30c , or not? Bearing in mind what I said in a previous post that the wimpy, profit takers will sell out at mid 30's for some time to come until the patient, confident/optimistic investors get the rewards of another 1m oz or so, extended mine life/wonderfully high grade material going into a well constructed, commercially viable mill. (Plus possible take-over bids?)
My strategy will be to let them do their thing for the next 6 months and see where it goes.
Be interested what Spec has to say about this. From the laymans'...
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Last
98.5¢ |
Change
0.095(10.7%) |
Mkt cap ! $1.088B | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | $1.00 | 90.0¢ | $6.153M | 6.372M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 16444 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SPR (ASX) Chart |