The biggest positive is that the SP isn't being smashed back down on this movement upwards.
The placement shortfall overhang really was a burden on this stock when the last results were announced.
There are only 130m shares on issue which makes this play very attractive due to the drilling results which have been released to date & for what we anticipate to come.
IMO if there wasn't an overhang when the last ann was released, we would have been north of 25c & possibly in the 30's.
let the fun begin, page-17
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