You will see new drill results by the end of year.
Short term trade / tech trade is fine.
Lith player chart below similar setup gone 5x and topped out. Follow by a long consolidation period during the shaky S&P sell off period.
People try to justify the sliding share price and whinge and cast stones about the quality of the resource.
This is LTR chart.
Most holders know what the asset is worth and not sell on a cheap, go for multi bags, for cap gain tax reason etc.
Over 50m mt resource, plus resource at surface (open pit), and simple DMS worth a lot more than current value and even at 2.
You will see new drill results by the end of year. Short term...
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Last
74.0¢ |
Change
-0.010(1.33%) |
Mkt cap ! $160.0M | |||
| Open | High | Low | Value | Volume |
| 75.5¢ | 76.0¢ | 73.5¢ | $298.1K | 399.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 34811 | 73.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.5¢ | 2418 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |