All spec plays that have not advanced their projects or timelines, look to be under pressure recently and have fallen out of favor. Sentiment is looking really weak for companies through to the end of the financial year.
The market is taking a kinder view of projects that have completed binding offtake agreements and started mine development.
Normally with the CR out of the way we could be looking at some clear air - but not in these market conditions.
Lets see how Sommers pump this one. Looking to be a big ask, in the absence of price catalysts.
TON Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held
