It's Friday. The dust is settling. The pros and cons of the capital raise have been assessed.
So what's next?
On indulgence, I guesstimate:
- Imperceptible move over next couple of months to 0.011 on the back of calmed nerves, a modest increase in the U spot and curtailment if the fall in the V price. - Delivery of the Scoping Study and DFS with few surprises or deviations from the previous studies in both cases.
SP rise to 0.016 sometime in July. Further modest increase in U price improves sentiment and any offloading ($100k) is absorbed without a drop in the SP.
Anything better than that and I'll do a naked jig on the town hall steps.
AEE Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
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