Absolutely Kiwi. Add in that some peeps may have stretched the budget to take up their alocation so selling a few at circa 6 to 7 cents when you secured a bunch at 5.5 is a profit.
The big events that will determine were this alpace will go are the grant of the drilling permit and then the maiden hole, followed by the continued drilling programme.
At an MC of 14 mill there is plenty of potential upside on good narket sentiment and milestone events.
Ann: RIGHTS ISSUE OVERSUBSCRIBED, page-56
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