Aug/Sep/Oct. We have been digesting supply for almost three months now w3 hunter. By my numbers 25% of the new shares have been flipped , so vast majority are staying on board here for the big win, I don't think now is the time is to get negative .
Remember this is not an exploration play, the drilling is essentially a box ticking exercise after which the bids will roll in. I also think you are missing the potential for the news flow to pick up materially soon, I see no reason why a conditional agreement with a third party couldn't be inked pre drilling for example.
For what it's worth two research houses and CE1 management thought we would be around 10 cents once the drilling has been funded. Also worth remembering management is laser focused on one thing, the share price.
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