AUR 0.00% 0.6¢ auris minerals limited

I think that the SP will paddle at around this range - 10-11.5 -...

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    I think that the SP will paddle at around this range - 10-11.5 - for a bit. I can't see the 'blue boys' letting it slip below 10c, even with increased selling pressure. Transactions are quite small too.

    What we would like of course is the SP to increase on higher turnover, and sooner rather than later of course. That would be a sign of confidence and resilience too - and maybe too that smoke signals emanating from T10 have been spotted.

    Could Forrest be repeated with a TH for T10? - so as to read (like the FG TH on 23/5):

    "RNI NL requests that a trading halt be placed on the Company's securities
    effective immediately pending the release of an announcement by the Company regarding drilling assay results from the T10 tenement."

    There was some cynicism about that FG TH,and the timing too, some suggesting it was only done to get the SPP (the time had been extended remember) across the line. Well, if that was the case, then it worked. The SP was 8.5c before the TH, and it has not been back there since, even with more shares on board - even went to 24.5c on 7/7.
 
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