My concern is forecasting future road blocks.. If it is happening now in these conditions at 1.5c.. will continuous manipulation continue after certain announcements?
Most likely..depending on their motivation... and others alike.
I am certainly going to be dipping if that is the case and it does render a sub 1.4c SP as Zero mentioned as for me a lot of fundamentals are still in play (albeit it more risk adverse due to the last few grade ann's)...hence the current sp.
I can't find the link i posted however, I managed to calculate in-situ reserves (google) based on Aptayl's program he used to work out potential reserves at Ntiola.
It was more than current MC and that was worst case scenario (with high sovereign risk parametres and the rest). I don't think the next ann's will be special - I'd expect movement to follow once RC/DD programs are in play tbh..Surface stuff won't cut it.
GL
BGS Price at posting:
1.4¢ Sentiment: None Disclosure: Held
