L1 won’t sell out, I done my DD and looked into them. They have an ear to the future, why else invest so much? They still need to generate a return so they have loaned some shares to shorters, which also can be a benefit as it helps with liquidity.
Maybe the volume and price didn’t go as well as expected on the 21st, I know I expected more myself as there will never be finance without an off take agreement and that agreement almost to me ensures finance will flow.
I can only surmise that a few more tidbits still needs to be presented and with the Chairman buying up extra a few weeks ago, that indicates he has faith in this project going forward.
One of two more things still need to be presented and cleared up.
Stage two will hopefully include some value adding to the ore but an expansion of resources and mine life before that.
HAS Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)