I actually agree and said that the sp always fades as we await news .. and you are right the big news of a reserves upgrade could be some time off. But its apparent that there is a lot of active buying that is being met in an orchestrated way by a lot of selling. I can undderstand a few impatient punters hopping off here and there .. but what we have seen over some weeks has been too big a volume for that.
Anyway ... plenty of broker coverage now all saying buy or outperform and with tagets of $0.95 - $3.35 over next 12 months. I can wait for that!
H
ESG Price at posting:
78.0¢ Sentiment: LT Buy Disclosure: Held