Just to correct an inaccurate comment made in my last post re ATN and trading days till Easter:
From tomorrow there are only 5 more trading days before Good Friday, therefore only 5 more trading sessions to go before a likely announcement that the drilling rig has arrived Obi Island and ready to commence drilling below the established goldfield developed by artisanal miners, to a depth of 200 metres.
In addition there are a few more deadlines to consider:
1. The Gen Mtg is on Tues 19 April at 11.00am Perth time, ie only 2 more trading sessions plus 4 hours to go (ie 1 hr today and 3 hrs Tues).
2. The VWAP to consider shares/share options to 2 members of the ATN board is in its third day, ie only 2 more trading days (plus 1 hr today) to go, ending Mon 18 April.
Both of these deadlines IMO suggest that there is only 2 days available to get shares before the "cat is let out of the bag" so to speak! After the VWAP I would expect that ATN announcements will be more positive in their spin! And with the knowledge that a few more trading days remain thereafter (from time of Gen Mtg until Easter), there is only a few more days to go before drilling annnouncements begin!
This suggests to me that ATN share price is likely to move higher from now on, after consolidating at its current level of around 5.9 - 6 cents.
From tomorrow there are only 5 more trading days before Good Friday, therefore only 5 more trading sessions to go before a likely announcement that the drilling rig has arrived Obi Island and ready to commence drilling below the established goldfield developed by artisanal miners, to a depth of 200 metres.
In addition there are a few more deadlines to consider:
1. The Gen Mtg is on Tues 19 April at 11.00am Perth time, ie only 2 more trading sessions plus 4 hours to go (ie 1 hr today and 3 hrs Tues).
2. The VWAP to consider shares/share options to 2 members of the ATN board is in its third day, ie only 2 more trading days (plus 1 hr today) to go, ending Mon 18 April.
Both of these deadlines IMO suggest that there is only 2 days available to get shares before the "cat is let out of the bag" so to speak! After the VWAP I would expect that ATN announcements will be more positive in their spin! And with the knowledge that a few more trading days remain thereafter (from time of Gen Mtg until Easter), there is only a few more days to go before drilling annnouncements begin!
This suggests to me that ATN share price is likely to move higher from now on, after consolidating at its current level of around 5.9 - 6 cents.