Lol ... the blind are leading the blind in the last few posts, or is it that the company's TU sqad are busy making excuses. Yes blame the covid, weather, land access, shorters, .... now, the current market conditions and tax loss selling.
Have you thought about the reasons for the sp sliding over the last few months while cu prices, etc were going up. Have you wondered why the drillers and institutions are selling? Have you wondered about the progress of porphery hunt and other drilling results? Are there transparency issues with this company. Have they made clear statements about their disappointment with drilling results? They do not have any viable resources atm... and the driling to date has not given any confidence on substanial increases. Does the current market capitalisation justify the potential, given the silence on progress.to date.
I predict another cap raising at around 36c this year, also to pay for the Noosa party.
SVY Price at posting:
47.0¢ Sentiment: Sell Disclosure: Held
