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@chukYour theory on MC being low and cant fall much further is...

  1. Merchant2000
    20,601 Posts.
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    24/06/24
    13:23
    Post #: 74459258
    @chuk

    Your theory on MC being low and cant fall much further is amateurish at best

    $50m was well overbought and now $45m will be well overbought if funding does not come soon

    100% at mercy of all for running and construction costs - hence now 5c

    If 2025 growing season is missed - halve the current MC and still well overbought

    IMO
    Last edited by Merchant2000: Monday, 13:24
    MNB Price at posting: 5.1¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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