I don’t care for technical analysis or charts or any of that. I bought in below 5c with a plan at the time to hold until mining. That plan is more than still happening since I have the spare cash to be able to hold a very long time. This stock will pay the kids schooling and result in plenty of nice holidays in the years down the track.
I am only focusing on a rising resource base, and mining lease grant as soon as possible. The external factors like gold price are also working in our favour, but we can’t focus too much on that because they are out of our control. Management do not release the same constant newsflow as old management did, especially in regards to exploration and assays. However they seem to be very proactive in getting to mining grant stage and are actively working to cover all bases in regards to the government, including all ESG matters. If the mining lease goes to plan next year then everything else will flow along nicely. That’s the main hurdle and why the share price is still below 50c. This will likely regionally be a massive 10moz gold resource with further drilling programs so there is absolutely no issues with the economics. The mining lease is the major hurdle before this stock launches towards $1 imo. I don’t need to analyse any charts to understand this, I just have to look at the operations and results to date.
PDI Chart and T/A, page-1057
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Last
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $564.2M |
Open | High | Low | Value | Volume |
24.0¢ | 24.5¢ | 23.5¢ | $411.5K | 1.720M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7769 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.5¢ | 72008 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 0.240 |
7 | 446187 | 0.235 |
3 | 514782 | 0.230 |
3 | 376500 | 0.225 |
2 | 277167 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 45118 | 1 |
0.250 | 40000 | 1 |
0.255 | 93592 | 2 |
0.260 | 107167 | 5 |
0.265 | 90000 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
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