Seeing that 13c has held pretty well, for almost a fortnight, I think we are at the bottom now. The only thing that will change that is another market crash, caused by some major geopolitical event (i.e war escalation into Europe).
If that doesnt happen I think we will see a slow drift up to around 15c this week followed by a more significant rise to around 20c soon after the turn of the financial year, with long-term support at the CR level of 18c.
I think it will then stay at that 18-20c for quite a while until the company finally provides some substantial announcements on their progress for getting NAL into production or results from drilling.
It won't be until later this year that we are back above the ATH.
I'm all in at 9.5¢ Wegian style :), page-15
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3.5¢ |
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Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3.6¢ | 6459354 | 24 |
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