I agree. The middle east deal was completely out of the blue and the company has communicated enough they are looking to execute on USA and China deals. Executing to me is more confident in terms of a deal word than negotiating, exploring etc.
Wanted to look at the chart out of interest, looks like 54c is the 38% fib, next technical support level would be the 20 day moving average as the blue line, sitting at around 53c. Otherwise the 50% or 61.8% fib retracement at 50c and 46c respectively would be potentially the next stops imo. Still somewhat comforting that a 62% retracement is still 1.5x higher than the capital raise price we did after interim results.
I agree. The middle east deal was completely out of the blue and...
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