Normal
Yet another delay in the commencement of diamond drilling at Lake Goongarrie. Confirmed in email reply from the CEO on Saturday. Covid border closure causing manpower/supplies issues.I now believe that 0.17 was the critical support for an optimistic (symmetrical) triangle scenario. Since the pattern is now busted I think that there's an actionable chance that price will break lower when the market is informed of the DD delay. The CEO said they'd just found out and didn't view it as worthy of a specific announcement on its own. Very surprised by that as it certainly affects my buying intention for one. I put in a bid down at 0.14 in case price fills the gap @ 0.145 and overshoots.Also, here is his explanation of why the salt lake is prospective by very reason of being a salt lake:
Yet another delay in the commencement of diamond drilling at Lake Goongarrie. Confirmed in email reply from the CEO on Saturday. Covid border closure causing manpower/supplies issues.
I now believe that 0.17 was the critical support for an optimistic (symmetrical) triangle scenario. Since the pattern is now busted I think that there's an actionable chance that price will break lower when the market is informed of the DD delay. The CEO said they'd just found out and didn't view it as worthy of a specific announcement on its own. Very surprised by that as it certainly affects my buying intention for one. I put in a bid down at 0.14 in case price fills the gap @ 0.145 and overshoots.
Also, here is his explanation of why the salt lake is prospective by very reason of being a salt lake:
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
