I cant believe the clutching at straws because the SP moved up a cent.. My god.
There isnt anything happening that someone else knows. Its just the market sentiment on P205 with a bit of coverage on it this week. people having a little punt at it. The volume is low so i have no idea what saracen and whoever the other person was, is going on about.
Nothing will happen until an overdue BFS comes out, a letter saying mining will be profitable at these price levels and we will be selling it to ballance or another customer. Until then the SP will waiver. Infact if people pass the new equity raising initiative at the AGM then the SP will be down at 30-32c in no time as the price of the raising is going to be 20 percent lower then the SP at the time.. And as i stated earlier it isnt moving anywhere fast unless there is news given to the market and good news it has to be.
So stop clutching at straws its ridiculous.
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