Those sellers who have been dangling those large amounts at 40 and 43 will probably slow things down.
Steady rise is on the cards IMO over the next few weeks.
Stockanalysis had said that this discovery was worth up to 66c per share (un-risked value) to GGP if it met pre-drilling targets. I guess with the discovery you can take some of the risk out of that valuation.
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
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