Don't think institutions paying 20c in SPP are interested in daily fluctuations. With Newleyline they are interested and hopeful they could be on track to something similar to Julimar, otherwise why take the risk, plenty of companies with beautiful uptrend charts like VMY and CXO. With $16.5 million, big vast tenements, management has potential of achieving more than many other hopefuls in the region. Management must be pretty convincing to have all these institutions jumping on board at 20c, a replicate of Julimar would be excellent. Share price with 66.5 percent discount, must be a steal. I am on the side of institutions.(not to be regarded as advice, dyor, just a personal observation).
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