I hope you are right tui, and that BUL do get another 5 quarters of operating. But they want to push exploration and reserves prove-out as quickly as possible which costs money, so 3.3M may be as cheap a quarter as we see for a while.
Anyway, I don't believe that share price patterns, either historic or recent, give an indication of future price movements. It all comes down to the luck of finding or not finding the resources before the money runs out. So speculative money only on this one IMO.
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- lack of news keeps downtrend in place.
lack of news keeps downtrend in place., page-18
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