Jojo with respect...I have been reading H/C for 15-20 years and a large majority of stocks suffering price weakness ends up being blamed on share manipulators , shorters etc.
May I ask what specific concerns you have in regards to the price being manipulated as in totally good faith, I do not see ANY evidence of this. More I see a small - but high potential - resource stock trying to prove their process works over coming months (fingers crossed for all holders). Most small-mid cap miners are down in recent days and I am just unsure what you are suggesting and what possible reason ASIC should be getting involved.
To me its nothing sinister. In fact, its consistent with what we should be expecting.
Once the Demo plant runs without drama for another 4-5 mths (and this is NOT a fait accompli) and as the Company has explicitly stated initially on a key 20 day timeframe to meet accredited supplier status and debt funder requirements, extracting expected grades combined with initial off take discussions over coming weeks/months - THATS when things start getting really interesting.
GLTAH
COB Price at posting:
77.5¢ Sentiment: Hold Disclosure: Held
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