hard to know, hoping 3.3-3.4 was the prev base, thought 3.8 would stay as lows for this one (maybe 3.6 will hold).
This is the same stock that went 7c to 11.5c to 7c to 14.5c (& back to 7c) in the space of a fortnight pre & post EA. Obv higher soi so will be more slower to move now.
all we’ve seen is every time the big depth got better (from 4.5 onwards till 3.7 now), it was dumped into. So till whoever is exiting is done with, will se some pressure. Hopefully when this is done with, it’s back on trajectory.
Around 600 holders would leave come march end on smaller holdings (which are being bought by evolution from memory). Then comes gold pour in April so lets see.
Be good to get a consolidation for soi, 400m at 20c each is better than 2b at 4c each.
Ann: Wits Basin Scoping Study, page-183
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