Looks good for a turnaround...
Just waiting for the surplus placement stock to be picked up by "sophisticated investors" at 1.6c
Once that announcement appears then I'd expect the stock price to start climbing.....
Given ,I'd assume, that most at the buyng at 1.4c has been by "sophisticated investors" this will average them down on picking up the balance of the placement stock.....
Can't see anything but rises from these lows.....the company has cleaned up its financing arrangements.....and now has concentrated on lowering shipping costs and other onsite costs....
Now there will be a rush to mine and stockpile and ship before next years rainy season......
Alternative suppliers have distance as a big problem plus quality...to top that off some have major covid problems in their countries.
Once the blockers at 1.6c have been removed then I'd expect everthing,for a rise, to fall into place.....
Its a waiting game.......
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Looks good for a turnaround...Just waiting for the surplus...
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Last
4.7¢ |
Change
0.001(2.17%) |
Mkt cap ! $279.1M |
Open | High | Low | Value | Volume |
4.7¢ | 4.8¢ | 4.6¢ | $522.7K | 11.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 3640922 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 2972414 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3597444 | 0.046 |
2 | 363636 | 0.045 |
6 | 1727999 | 0.044 |
9 | 1842209 | 0.043 |
13 | 2755022 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 2406713 | 7 |
0.049 | 1335500 | 6 |
0.050 | 4442300 | 15 |
0.051 | 2434227 | 6 |
0.052 | 2023695 | 7 |
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