EOFY will for sure be some TAX-LOSS selling .. poor PGM sentiment ..general weak market interest in resource stocks ..
For me it's a patience game .. KRM with BHP backing + large cash backing and now Penikat enviro permit for exploration..
I seen TM1 moved up 150%+ intraday on some low-grade PGM +Cu+Ti/V results
We know the Penikat reef have very high grade PGMs drill results to date ..these kind of grades are very rare ..
I think JULY will see some support floor come into the SP back in the high 4's and later 24 and certainly 2025 will be great time to be KRM S/H which IMHO is one of the lowest risk/reward exploration plays on the ASX..
Hopefully, I add more shares before the market warms up to forward upsides
In a macro sense commodities aren't expensive int he market... many Global economic factors are point to 70's repeat ..another Oil Crisis later this decade off the back of under investment?
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EOFY will for sure be some TAX-LOSS selling .. poor PGM...
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7 | 588871 | 0.043 |
3 | 100000 | 0.042 |
1 | 170000 | 0.041 |
8 | 267066 | 0.040 |
Price($) | Vol. | No. |
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0.046 | 70000 | 1 |
0.049 | 159999 | 2 |
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