I think the E&P and Hartleys report is on the ultra conservative side! The Numbers in the E&P report, in particular, are on the very low side. It's like they are trying to find numbers to keep a lid on it.
As I said in my last post, I think this is because they don't want the SP to run prior to approval. Possibly their mandates preclude them from investing at the moment.
One way they can invest with such mandates is to participate in a raise. . . If a raise doesn't occur prior to approval we know we have got A GRADE management.
Watch how quickly the report numbers change after approval and they have had their fill.
AIMHO - just thoughts from an over thinking under utilised mind.
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31.5¢ |
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Mkt cap ! $572.5M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 31.0¢ | $1.366M | 4.341M |
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| No. | Vol. | Price($) |
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| 18 | 342765 | 31.0¢ |
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| 32.0¢ | 723414 | 18 |
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