yes, this moment is what I have in my mind when they announce $5.6m CR, the Pokali assay will drag it down (didn't I say that in one of my older post), and I was planning to re-enter if this happen as we've seen how market's reaction to the Avalon target. but the timing looks a bit suspicious to me.
first, why did it drop on Monday, after they've finished the Avalon drilling and the response to it was they don't know any reason but here is the Pokali assay. from the ASX query that they said "final assay results for all holes received on 23 July 2024" however DD1 core and DD2 core were sent to the lab before RC drilling completed and RC holes they said it's fast tracked, and they already told us that it will be out by latest is early July, ok, if lab delay a bit, but they should have all other drill assay ready/received before that but just sitting on their PC waiting for the "competent person to review it" before release it to the market, again, haven't I say the exactly the same thing in my previous post, so the s/p movement on Monday may not be linked to the Pokali assay or it won't be reviewed by the competent person on 29/7. and look at s/p on 22/5/2024 it drop below 10c then on 23rd it hit low 8.9c on the same date when they said the final assay results received. what a coincidence?
so most be something else that caused the Monday's drop if it is not Pokali then what will it be?
RCR Price at posting:
5.1¢ Sentiment: None Disclosure: Not Held
