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stoneral33

2,853 Posts.

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30/06/19

09:27

Post #: 39305712
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Originally posted by tukebay: ↑

Sorry it has taken me so long to get back to you but I'm currently in Europe with the family.
Here is a quick TA after a looooong day on the road and with my eyes barely open.
We had a 9 month consolidation between Jan. '17 and Oct. '17 before the stock broke out and appreciated almost 200%.
We have currently been consolidating from Sep. '18 - another 9 months.
Of course, past performance is no guarantee of future performance, however I believe with multiple imminent newsflow between now and year end, another 200% move from current levels is easily achievable.
There are many ducks that MB & his team have been lining up, and I wouldn't be surprised if when 1 duck starts to fall, it will be an avalanche, just as it was with LNG.
God only knows, this is a vastly bigger & better story than LNG and I believe the company can justify valuations in the hundreds of millions, if not billions, once a complete project can be confirmed & costed.
And we all know that MB is not looking to close only 1 project.

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enjoy yr holiday..will be looking forward to your words of wisdom on PO3..

PO3 Price at posting: $3.35 Sentiment: Buy Disclosure: Held
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