We have the exploration leases granted and currently sit at 84c. Good volume on Friday but dropped back from a high of 95 after opening at 90 post announcement.
My take is that we have seen some profit taking from investors that were waiting on the news. This may persist for a few days but hopefully once other investors that have been waiting for the granting move in and take a position the SP will start to move up again. Any of the big boys that are waiting for the dust to settle may then start to accumulate or have already started.
What I am interested in is the predictions for the share price from all the GOT faithful and any others willing to participate. Your predictions will help in my decision on whether to put a deposit on a Ferrari as Factaa mentioned.
So GibbRiver, Factaa, Fridge, Gizzard, AshtonDaniels, Dkell, Thorpedo, WangChung, Charlie123, etc etc please give us your predictions for 3, 6 and 12 months. Feel free to provide your reasoning.
Predictions of a GOT bull;
3= $1.80 driven by positive news flow, drilling 6= $5 leading up to jorc and high grade Mn drill results 12= $10 Jorc, island drilling, BFS
Cheers in advance.
Retrac
GOT Price at posting:
84.0¢ Sentiment: Buy Disclosure: Held