Thanks GLVMT. May/ Could still go lower...But I am happy with...

  1. 1,205 Posts.
    Thanks GLVMT.
    May/ Could still go lower...But I am happy with the price I've averaged over the last week. I was certainly thinking I could have easily pushed through to 4 cents to get my required volume if I'd just brought through the buy lines.

    Patience...but was risky. In that I could have been stopped out by news before getting my shares...I was conscious of that.

    As it was just ba little luck and EOFY has made it substantially lower than budgeted.

    But I still spent my budget. Just brought more...

    Timing for me was down to one thing...right thought or not.

    Winter coming.
    Great time for JV announcement.
    This provides the time to organise the drill (6-8 months), logistics, long lead items, insurance etc etc....Drill ready...doesn't mean drill ready (as in drill sitting there just waiting for someone to start peddling)

    Even if' we'd had a JV 3 months ago...We would not have drilled this season...Strategic thinking for the young whipper-snapper.

    Have some fun with investing...!

    Really I knw nothing...I just like the name.
 
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