The cat’s out of the bag…up nearly 9% on not huge but decent...

The cat’s out of the bag…up nearly 9% on not huge but decent volume with no announcement….
With a worst case target SP of $4.54 if we have to resort to the TAFTA Award and blue sky above, this is still REALLY REALLY CHEAP! And the market depth for once seems to reflect this - 110 buyers (795k shares) vs 65 sellers (292k shares) although the real number is much lower when you filter out the non-genuine sellers with single and double digit orders.

There might well be strong corrections both as traders take profits and manipulation occurs, but the trend between now and October when they pour gold bars from ore they have mined is only going in one direction! And between now and then, there are JORC upgrades, royalties and tax concessions, IPO, sale or JV of NE, write back of $300m of impaired assets back onto the BS… and so on. It’s only blue sky.