It looks like sellers are very hesitant to let there shares go with not much holding back a move toward 7c.
It will be interesting to see whether buyers will eventually bridge the gap and we move up without news or whether it will need to be news of second fortune or drilling that causes a re-rate with the recent consolidation in the AUDPOG. With talk of more uncertainty in Europe, ie Italian Banks in a bit of trouble, would be keen to see managements approach to fast tracking production as POG rises and we are sufficiently cashed up in the near term.
Just some thoughts on a quiet day. GLTAH
merrico
EXC Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
