1MC 9.38% 2.9¢ morella corporation limited

big support orders coming in....

  1. 3,159 Posts.
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    Some big orders just came in at 18cents. There has been quite a wall set up at 19 and above for weeks now.

    Annoucement in the wings perhaps?

    We're well overdue for news on several fronts..... Surely a deal on Mt Webber is imminent.

    The one thing that AJM has in it's favour on the negotiations with Atlas is that thanks to it's mining services company in Indo it isn't cash strapped so time is on it's side.... but Atlas has promised it's shareholders to continue ramping up including getting Mt Webber underway. So they need the matter resolved in the short term, if it drags into March with no deal I can't see Atlas getting MtWebber mining by the end of the year (as advised it would).

    But how much longer is this waiting game going to last?
 
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