There has been a massive amount of insider buying over the past few weeks. Stan and Rene Bharti has spent $5m buying shares and exercising warrants in several tranches since December 2021. Below is the link to a $1m tranche which Stan bought.
https://www.globenewswire.com/news-release/2022/01/01/2359774/0/en/Stan-Bharti-Acquires-Securities-in-Jourdan-Resources-Inc.html#:~:text=TORONTO%2C%20Dec.,an%20aggregate%20cost%20of%20%241%2C000%2C000.
I believe Stan is a well known resource investor.
There's now speculation that Jourdan is now fully funded to start the drilling campaign first half of the year.
I would not mind seeing them move forward and progress things as they would be a prime takeover target by SYA once they prove up the resource base.
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Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $319.0M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.3¢ | 3.0¢ | $1.702M | 55.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 850534 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 5159807 | 9 |
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| SYA (ASX) Chart |