Team
I'm not sure how high sp will move. But comparing the chart of May month where we break out to 35.5c from 8c. Very similar move we have here in the last few days, but this time we start from 21-25c not 8c.
If results are very good IMHO probably above 50c and may get to 70c. I'm not sure if it will hold at that range, because a lot of mining explorers are struggling due to low commodity prices. Many explorers are down by 90% from recent peak. PEX this year been a star performer so far and no dilution since 2013 where placements were done at 50c.
IMHO I'm hoping to stay above 50c support level and follow by more good drill results. We really need to double our JORC at MB with high grades to justify 70c sp given copper price is at 6 yr low.
Just IMHO
Team I'm not sure how high sp will move. But comparing the chart...
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Last
13.5¢ |
Change
-0.010(6.90%) |
Mkt cap ! $78.44M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $9.45K | 70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 18000 | 1 |
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| Last trade - 15.35pm 27/06/2024 (20 minute delay) ? |
| PEX (ASX) Chart |