All on script so far...4.1 again.. Rest time!...Should find some solid support at 4.0 as that was the last resistance point (support turns into resistance).
Almost all weak holders will be out by now...Losses will have been crystallized. Most savvy investors (and some Insto's apparently DJC) know that the real value of the stock ...as it stands today, is north of 15c... Add to that high likelihood of much increased Jorc and scoping study and it could well be valued in the twenties shortly...
Once the insto's/Sofi's/Syndicates start to switch on the vacuums you will be surprise how quickly dead wood holders at higher price levels will be cleared away...
A common tactic of the big players is to force the price up through key resistance levels quickly with spurts of massive buying catching out sellers who think wow this is now above my ideal exit perhaps I should hold on ...
So don't be surprised if you see spike on massive volume ... if it were me and I had the dough I would force up to around the low 5's as this would blast past most potential sellers.
But lets wait and see what unfolds.
All IS IMHO DYOR
NMR Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
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