We had a decent build up in SP when people were anticipating the drill results. It wasn't long ago our SP was double.
Sentiment has turned negative here on failure to deliver. People buy in higher and get trapped lower.
Five months on Friday they started drilling. Zero drill results. Let that sink in.
I am not clear what games are afoot, but I do not buy that they don't have any drill results.
I also don't buy the lithium sentiment argument, as explorers without drill results do not appear subject to it.
The current SP is all of the company's making. So enough pumping of Gino.
Fingers need to be pulled out and minds need to be refocused on generating value for shareholders by returning drill results.
If its only dusters so far, so be it. Release it, with why the company thinks it should keep going. Frankly, the MC can't go much lower.
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Ann: Askari Provides Exploration Update at Uis Lithium Project, page-72
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Mkt cap ! $2.057M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 47278 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.9¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 47278 | 0.018 |
2 | 323402 | 0.017 |
4 | 1491566 | 0.016 |
3 | 93132 | 0.015 |
1 | 70000 | 0.013 |
Price($) | Vol. | No. |
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0.019 | 500000 | 1 |
0.020 | 192745 | 1 |
0.022 | 130000 | 1 |
0.024 | 200000 | 1 |
0.028 | 247350 | 1 |
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