The rally towards 4.4 cents obviously failed. I could just hold it as my average is around 4.5 cents. China just unleashed another QE so there should be some support for the commodity. So my answer is, I am all in until before the capital raising. The worst case scenario is that it hovers between 3-4 cents and the volatility will allow anyone to just play in and out of the company.
If it reaches 1 cents, then we know something really horrible has gone wrong but at the moment with the volume, I do not see anything unusual except that its feeling a bit weak on the knees. What is your entry price ?
I hope I am right if not lot of capital burning will occur.
superox
DML Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held