Solid announcement no doubt some will still call it fluff......
utilising the chosen stimulation process suggests there a certain air of confidence of the grandure if you will of what is in play
My layman's take on the wording suggests looking to get a partner in early as this method will "underwrite the R&D aspect" - to me that almost positions us in a get in or miss out type message - the cost of wanting to play when we know whats there will be a lot more.
I could just be looking through rose coloured (and by rose I mean deep red hoping to turn green some time soon) glasses.
Challenge I see won't be how the market reacts today - will be how the market reacts June to Oct - if Mongolia continues to work away in the background and we are are stuck awaiting analysis and stim testing and production results, it could be a rocky 16 weeks until that booking is updated.
Solid announcement no doubt some will still call it...
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $135.9M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 13.0¢ | 11.0¢ | $381.3K | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 131400 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 20000 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.010 ( 8.99 %) |
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| Open | High | Low | Volume | ||
| 11.3¢ | 13.0¢ | 11.0¢ | 1627269 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| EXR (ASX) Chart |