The chart looks fine. W have seen rising volume in the last 10 days or so. Unfortunately SP was not able to hold the level above 40 cents. Looks to me like a rising wedge and the break of the 41 c level could happen tomorrow but also in 2 months.
In every case me may see movement again in the second half of october. a) pending drilling results from Mushingashi b) first comments regarding JORC study for Mumbwa (Kitumba). Both will have a an impact on the up or down side.
Not to forget the possible announcement regarding JV partner at Perkoa.
I have the feeling that we will hold the 35-37 c in the next couple of weeks. If we should break the 41 in the next 2 weeks (without supporting news) then you can bet that something interesting will happen soon.
chart, page-2
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Last
2.0¢ |
Change
0.002(11.1%) |
Mkt cap ! $142.6M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 2.0¢ | 1.8¢ | $751.6K | 38.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 5644977 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 7020192 | 9 |
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| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| BTR (ASX) Chart |