not sure how it looks that primed right now, bid depth is suspiciously stacked and the 50k dripper has started to turn the screws again late into Friday trade and again this morning. Fortunately it seems he is reluctant to sell sub 15 for now.
News may be the catalyst required however I am not sure we can expect too much from Indaba this week that we can't already imagine. Good results will be expected from Merelani, the TK offtake is already considered a done deal, so basically we need news to surprise significantly to the upside - eg. TK helping to secure funding, or an agreement (in principle or an MOU) in place with Sky Associates regards Merelani (any info on this front would be fantastic), and obviously another offtake wouldn't go astray lol. Anyway the entire graphite sector is really starting to feel so passe now ...
GLTAH
R
Indaba 2015, page-12
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
