Up another 10% in early trade in London, price has pipped up over 4P for the first time in a long while...
She is up 36% in thee days in ASX, similar result in London.
This buying has nothing to do with the announcement yesterday of two new (and as yet unproven) tenements. Nobody rushes into a penny dreadful because they suddenly have more land to throw money at.
Hasi Baida drilling? Maybe someone has a sniff of some very early drill results there? Unlikely as it wasn't scheduled to begin until the end of Jan - I doubt the drills are turning there yet.
So it could be the pending results from A238 as we haven't seen all of those yet. Alternatively it could be some very good rock chip samples from Tisram as they were trenching 31 anomalies at that location.
Other than that, I guess there is always the possibility of a left-field announcement on the way that none of us can predict.
FTE Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
