ASX index and stock options expire on the 18th this month. The shorts could add fuel to the fire if BB can secure the funding. They could be forced to cover as they all rush for the exit at the same time. That could cause a strong spike if mixed with catalyst buying.
Zinc and copper looking great now so WL is ready to go. The ducks are lined up so to speak.
Nice weekly buy divergence in Zn tells me the secular trend is set to resume. A high probability bet.
I am sure the offers will be there; the game is to assess which is the best option. Sell part of the project, an off-take deal or secure bank funding (or from a specialist fund). I have a mounting opportunity cost here which is annoying but I also believe this is a stupid time to sell. Only time will tell to see if I am right or not. I like the risk reward calculation at this level and time. Time to pull off one of your signature moves please Bill
GLTAH CW
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2 | 8078 | 2.500 |
3 | 4663 | 2.490 |
4 | 67723 | 2.480 |
1 | 369 | 2.470 |
Price($) | Vol. | No. |
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2.540 | 3078 | 1 |
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