RE:So they will run it tomorrow past $4.20 again?I assume there are about 8.5 million warrants to be sold off to cover the exercise price which looks like it will be triggered. I don't think the TSX updates very often as it hasn't changed in a while. There were about 3 million converted a few weeks ago. Looks like most would have covered the conversion so the selling pressure should easy soon.
When all's done RECAF will soon have 34 mm to help with further drilling.
Friday is the last day for seismic objections according to one poster (I haven't checked). So that should start next week. Hopefully that means an operational update with MD of well 1. It should be about 6000ft now so they may be reluctant to say anything either way.
I think we'll see flat this week and upward pressure on Friday and into next week with it hovering around $4.50.
I have taken a break from here for a few days so not sure if this has been posted, forgive the duplication if it has. https://www.youtube.com/watch?v=MldGuN1S1Rc&feature=youtu.be
It looks like the environmentalist (I use that term loosely) have been largely marginalised. I was watching the Namibian news, social media, etc...the people in Namibia and the surrounding areas seem to have zero tolerance for that agenda.