-
21-08-2017, 01:14 PM
#2581
Member
Originally Posted by Clints
Just had a quick look at the numbers for the week beginning 07 August (week that announcement was due last time) Monday started at 1.9c and jumped to 2.5 by end of day then 2.8 by end of Tuesday then 2.9 by end of Wednesday. Be interesting to see if anything similar happens this week.
Can't see that happening ....... I think the announcement is already factored in and we may not see much of a rise in the SP when we get it ...... unless of course it is "spectacular"
-
21-08-2017, 01:30 PM
#2582
Member
I think it'll waltz to 3.2 on the new results. If it is astounding and the media get hold of it.....
-
21-08-2017, 01:37 PM
#2583
If the results are outstanding look out for takeover action from the likes of Oceania Gold and friends
In fact Oceania Gold at $A3.60 seems to be wort looking at
-
21-08-2017, 01:40 PM
#2584
Banned
What do we need to hear for the results to be spectacular and outstanding!
-
21-08-2017, 01:40 PM
#2585
Go back a couple of months and we had some fun predicting where we thought the SP might be by year end. Quite a few were contemplating 2 cents (I was somewhat more optimistic). The coming announcement would have to be poor for the price to be already factored in. As said previously, I think there is justification for a higher SP purely on the current JORC. So does Matt Hill (he maybe even more biased than I am )
If the announcement lives up to the "unheard of grades" it'll be 10+ by end of year. Remember there are more results to come by November as well. Oh and the cash positive bulk sampling starting at the same time.
-
21-08-2017, 02:16 PM
#2586
I want to go to the bar and drink with Jonu - his glass is always half full.
FYI, I tend to agree with you - seems there is some more to go for the SP.
Im quite interested to see what the announcement is, and then how the market reacts, considering others have right made keys points of:
1. theoretical amount there (previous announcement, this weeks, and November)
2. bulk sampling proof of theory - further down the track
3. being a productive mine - way down the track.
I wonder if AMER are still observing in the background?
-
22-08-2017, 02:32 PM
#2587
Hmmm, downward pressure, with announcement due soon....odd
Well maybe not odd, but just market pressures/expectations
Last edited by Landyman; 22-08-2017 at 02:36 PM.
-
22-08-2017, 02:43 PM
#2588
Member
I was thinking the same, kinda expected it back around 28 mark
-
22-08-2017, 02:53 PM
#2589
Originally Posted by Landyman
Hmmm, downward pressure, with announcement due soon....odd
Well maybe not odd, but just market pressures/expectations
very low volumes though,SP just drifting at the mo.
-
22-08-2017, 04:38 PM
#2590
Banned
Average trading before a big announcement. Hmm, average results coming through too?
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks