Unfortunately, likely to drift lower pending MRE at this stage. If announcements can't drive the price and are no longer having the impetus required (whether by flavor of the month or other) - we are left with holders/traders realising they have additional time to play this one, and of course, the depreciation of the price to boot. It's a good buy for sure.
Question to others that are more knowledgeable if I may - Would WC8 need to await the full suite of results before they table an MRE? Would they need to start announcing preliminary feasibility studies etc to pre-empt that? If so, we may see some resurgence in price, as the window of opportunity would start to close.
Thanks all.
WC8 Price at posting:
44.8¢ Sentiment: Buy Disclosure: Held
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