I think you're right, they are so close and they have the means and incentive to do so. With these sort of exploration firms, they tend to get bought up alot right before drilling results are announced. So we would expect the SP rising to be around 1.9 - 2.1 before hand and then the results would either push them to new heights or slight negatives depending on the results.
I feel like an outlier when I say I think the latest announcement was underwhelming.... and they jumped 20% anyway, did anything in that report really surprise any of us who had been following them for a few months?
My logic is even if they are pretty good results it should jump a fair bit more than 20% and put us 2.3c+. Feeling alone on this one as the oppies are pretty untouched at the moment on the asx.
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I think you're right, they are so close and they have the means...
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