Post by 4marlinon May 09, 2025 6:19am
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Post# 36567224
Short-term top v potential
Short-term top v potentialGiven the recent run in the sp, it is not surprising that some de-risking is going on; likely exacerbated by warrants being exercised.
Wrt warrants, Simon noted in the webcast 2 days ago that some volatility is likely as a result.
Imo, this will provide a last opportunity to get in here at anything like present valuations.
Drilling is funded and likely to begin in approx 2 months.
So far, all boxes have been checked and this undrilled, early-stage, exposed, large target is imo as prospective as SGD's Valley was a few years ago.
As ever, time will tell.
Bb