Crazy (good!) moves since last Friday on the SP front. News must be afoot / expected very soon.
The only time I've seen 4 green candles on this one in the recent past, is shown on the following chart. Common sense would say the SP has to come back to the MA's relatively quickly, and I suspect they will, but the last run was for over a month, with a massive jump in the SP. Let's hope for a steady run up to previous highs, and sticking around those levels once results are in.
Then the PFS and all the rest of the economics will be a trigger for it to go further than the 52 week highs we hit in March:
All REE majors will be watching our results like a hawk. At a $17m MC with a potentially district sized asset in our grasp, this is a screaming T/O target. Unless it's for a crazy amount, I'd rather we did a JV with a cashed up neighbour / partner and got the show on the road ourselves.
If you don't enjoy the ups and downs on the spec stock end of the market, you're in the wrong place. I'm excited!
ENV Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)