Not so sure people are fully jumping out, some current SH will be taking profits & putting money in their banks after a .007 SPP. Once PKO secures a new base price for the SP off today's Ann then we'll see (IMO) high base level to start from.
Fundamentals are improving all the time, continued drill programs that will build to a commercial JORC will be the next steps. A market cap of $4,217 Million (MC 527,125,000 shares) is tiny for the results thus far. Cap raises will be necessary to see drilling programs, JORC & Pre Feasibility study over the next 12 months.
I'm still surprised that PKO didn't wait for these results to come out before setting a price & announcing the previous CR. Hopefully PKO will continue to reward SH as they have done previously in any future CR.
DYOR
Ann: Higher-Grade PGE Mineralisation at Brumby extends over 680m, page-14
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Mkt cap ! $2.108M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 64211 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.5¢ | 1321372 | 4 |
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