Back down to 89c ?, page-206

lol yes having at least 1 winner whilst losing on another is some respite.
always the lesson to learn - the biggest value is in the discovery phase and in general exit when mre starts approaching which invariably leads into the feadibilities. Then re-invest on the invariable retracement and consolidation. The question is where will VMm consolidate? 64 percent off ALTH of 2.42 and almost 50 percent off the MRE sp 1 month ago. The mc is 63 mil shares available and 17 mil to come - at 80 mil soi we are at about 69 mil.
the Mei scoping study, whilst generally in line with expectations had some obvious issues with Capex and subsequent Npv.
sure we might all talk about the spot price hovering around the historic lows and we expect it to rise. This would cause the fastest recovery in sentiment. However, at the moment the REE pricing sentiment is extremely bearish. The green shoots offered in April has been cut. The downside risk is now low. As with anything there will be an overshoot. Let this consolidate. Some stops will have been hit as key support was breached. Consolidate before. Buy more.