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Best possible time …… it’s not able the raise it’s about prior...

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readyaimfire

11,429 Posts.

1514

24/05/24

10:16

Post #: 73988946
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Originally posted by ForeverNewbie ↑

Don't think, read the quarterly and it'll tell you that we have plenty of money to wait for the SP to go higher.
I see if playing our two ways.

1.) CR after MRE upgrade and Renard DD (most likely)
2.) Potential offtake investment once the PFS is complete at by the end of the year. (Less likely, but I am sure people are circling for new supply.
Very few if any offtakes have taken place recently.

All I will say is that CE has always pulled the trigger on a CR at the best possible time. Both were masterclasses even though everyone here was saying it was disappointing or value destroying. Announcements aside, I have complete faith that CE will raise when he can get the most value. Always has, always will.

I just remember the shade that was thrown when CE raised at $2. and again after that. Those wise raises is what has allowed us to continue expanding and not have to raise a basement prices. The amount of companies right now raising since they have no cash and interest, that is when there is where real irreversal SP damage gets done. Have a look at GLN

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Best possible time …… it’s not able the raise it’s about prior statements

WR1 Price at posting: $1.31 Sentiment: None Disclosure: Held
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Last 51.0¢		Change 0.000(0.00%)		Mkt cap ! $112.9M

Open	High	Low	Value	Volume
51.0¢	52.5¢	51.0¢	$224.2K	434.6K

Buyers (Bids)

No.	Vol.	Price($)
4	63180	51.0¢

Sellers (Offers)

Price($)	Vol.	No.
52.0¢	16046	2

View Market Depth

No.	Vol.	Price($)
4	63180	0.510
4	97480	0.505
4	176500	0.500
2	15899	0.495
6	42639	0.490

Price($)	Vol.	No.
0.520	16046	2
0.525	25000	1
0.530	35000	2
0.535	20500	2
0.540	76340	3

Last trade - 16.10pm 11/11/2024 (20 minute delay)

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