I reckon there are a lot of confident punters sitting quietly and accumulating. And I think a lot more punters are becoming far more condident with each announcement from Mutiny. At the moment there is equilibrium in the supply/demand equation, we're waiting for that equation to bend towards demand outstripping supply and the subsequent rise in SP. And I believe we are right on the crux of it. For all the longer term punters who bought following the Gullewa purchase and the first round of drill results, who have been averageing down (like me), we will soon start averaging up. We have a year of major activity on the coal face and I believe we are in for exciting times, depending obviously on the size of your holding.
Good luck long term punters
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---|---|---|
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2 | 7733 | 0.725 |
2 | 8523 | 0.720 |
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