I can't guess when the spike is, even 38c was only easy to see after the fact, it could have easily broken 40c and held there with a little more support, as each run only brings out 1 - 2mil shares at most.
Nobody seems to have read yesterdays presentation that they expect to have the tailings up and running at 1mil tonnes a year by middle of next year to produce another 30k tonnes of concentrate, or that the mill has begun commissioning.
This baby has so many arrows in it sling that any day could bring an announcement, some left field some expected all of which could drive the price.
I love the announcement yesterday about being the only foreign company presenting at the conference. I would say they are not far from tying up a deal for the concentrate.
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