As has been already said the run (on relatively low volume) really isn't that mysterious. After the pretty insane sell off after the flow results catastrophe and news vacuum, coupled with a huge bull run in the crypto space which will invariably see money exit from penny stocks, there is an expectation of steady news flow for this quarter and beyond.
Neil knows they have to perform this year and either you believe they will or you don't. Obviously the key catalyst will be the Grandis JV which I would guess will be mid year but Q1 should see us recovering significantly on the proviso that the following happens as expected:
1. CR upgrade - from what Neil was intimating in the pre Xmas video this will be massive.
2. JV for Diona which must be imminent which he indicated would generate revenue "within months"
3. Additional government grants
4. OMA results
5. Some sort of farmout for nomgon (I fancy this will be Q2.
6. Additional potential left field Anns
Just on Neil I'd personally prefer Cottee to front things as he is altogether much more dynamic but that isn't going to happen. My main hope is they don't paint themselves into another corner, this whole mess could have easily been avoided, the obsessing over bear, bull and base case flow rates were a total red herring.
I really don't understand these threatening to sell posts, it's not an airport, you don't need to announce your departure.
Add to My Watchlist
What is My Watchlist?
