And yet price has held up nicely with support at 1.22ish going into its fifth week now of consolidation, down a max -18.5% after rising 188% from Feb lows. There has been no pump and dump and imo the re-rate (based on the Renard strategy) has much further to go as mgmt drip-feed derisking info to the market.
I expect soon announcements regarding:
- extensional drill assays
- MRE upgrade (1 of 2 for 2024)
- Renard DD update
- Road CMIF update
- Tax credits update (could we make use of 400m CAD from Stornoway losses - accountants / lawyers are investigating)
- PEA / greenfield vs brownfield study
- potentially an early deal with a strategic partner
And yet price has held up nicely with support at 1.22ish going...
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Last
$1.25 |
Change
-0.045(3.49%) |
Mkt cap ! $237.5M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.33 | $1.25 | $937.9K | 730.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3427 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 4450 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$1.25 |
Change
-0.045 ( 2.33 %) |
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| Open | High | Low | Volume | ||
| $1.29 | $1.31 | $1.25 | 111218 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| WR1 (ASX) Chart |