All this talk about selling stakes is irrelevant, you guys. You're missing the most important point: the upcoming test results. The testing is underway, and people and the market will know if it works—and soon, the market may already have an idea. My reading is the report analysis won't be released until sometime in Q1 2025, but the test will have been run. Just like visiting a doctor, they will know the outcome. The report merely confirms the effectiveness. So, was this week's very fast downturn with higher volume than normal caused by someone with insider knowledge, or was it just part of the general market weakness? Time will tell, but you should focus on whether the test results are good. After all, those ifs and maybes in the reports depend entirely on these outcomes. So guys and gals, what do we know? Let's hope that analyst who posted a few weeks ago is correct and there is no risk of it not working. If it works, hold on tight and buy more; if it doesn't, Silex is in trouble.
On the technical side, we smashed the 200-day moving average yesterday, which is not good. Traditionally, it needs to close above $5 in the next few days. The second weekly low was also broken. Technically, the signals are bad. Let's hope my old ways of interpreting market trends are wrong, which may well be the case in these times of short, fast cycles."
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$4.11

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Last
$4.11 |
Change
0.120(3.01%) |
Mkt cap ! $989.3M |
Open | High | Low | Value | Volume |
$4.16 | $4.33 | $4.03 | $10.50M | 2.519M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 19462 | $4.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.12 | 15123 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 19462 | 4.100 |
1 | 2499 | 4.090 |
3 | 19212 | 4.080 |
1 | 6338 | 4.060 |
2 | 12012 | 4.050 |
Price($) | Vol. | No. |
---|---|---|
4.120 | 15123 | 2 |
4.130 | 23915 | 3 |
4.140 | 9977 | 2 |
4.150 | 20227 | 3 |
4.160 | 15755 | 2 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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