Thinking back to Ice1. When the drill got going and even with the fluorescence announcement (when I doubled up) the share price had tanked to .007.
Showed then that there was no real overall market confidence in this play and prior to drilling there was a lot of hype and active traders who bailed.
Interesting sort of to see what happens this time as we near the big day but I suspect much the same as last time.
With that in mind and success case it might peak at about 30c before dropping back to 20c. That would sort of correlate with a decent size contingent resource and on with the next stage.
Hmmm
DYOR IMO etc
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