the ride to 4c coincided with the largest holder au xingao selling down the majority of it shares.
if you look at historically when wonarah has been close to production this I think would be it.
the next lot of announcements will give us a pretty good idea on whether wonarah is feasible or not, but safe to assume hebang aren’t putting in money now for a pump and dump.
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| AEV (ASX) Chart |