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18/10/24
13:18
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Originally posted by K5tar:
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I would have thought there would be more front running by investors coming up the production announcement and i suppose the 20% or so move from recent lows could be exactly that.. I'd love to be wrong and see production being a surprise to the market and uplifting this stock in December instead. Perhaps the level of dilution is at this point much to large for good news to move the needle by more then a few bips.
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I can tell you exactly why. When Iranium spot jumped from $60-$80, the SP didn’t budge. unfortunately, the market is confirming that this is a low quality company, unable to attract investment dollars from competitors. so I bought deep yellow and BOE.