Next 3 months will be interesting for this stock, I wont be surprised if it goes to 20C
1) The Feasibility results coming out in September. This is going to be excellent - as when you look at the resource upgrade presented earlier this month, most of the increase was laterllay reather than with depth. Hence lower cost to mine and higher profit!!
2) The Nickel spinoff will mean the stock will be artifically inflated so that people can get into the float to get some stock. This happend to HLX when they spun out the platinum assets.
3) The Uranium deal is quite interesting, as CVRD are very through with their research prior to signining any deal etc.
So lets wait and see, definetely profit taking happening. People who got in at 8 c are of course selling out (who woulnd't if they didn't understand mining and only went into make a profit)
Cheers
- Forums
- ASX - By Stock
- DIO
- turning point today
turning point today, page-6
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DIO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online