I was just looking at the top 10 sell and buy prices and noted that there is arround 2milion more on the buy side then sell, I'm relative new to this but i believe this is a good sign showing there is support to buy this stock. although it does look like a majority of this support is at 20c to 21.5c.
If anyone could answer me a quick question i was wondering were abouts i would find the entire buy and sell volume figures.
Like all who post here, I'm anxiously awaiting the drilling results, but, I'm not expecting a spectacular JORC compliant resource. I'm thinking it will be an inferred resource with 60%fe somewhere in the region of 100-200mt. I'm not being negative here, just trying to be a little realistic. YT suggested the target figure is 620mt. For all concerned I hope he's right and I'm completely wrong(wouldn't be the first time).
Reasoning, this is only the first round of rc drilling, with 3000m over 30 holes planned, which is to a depth of 100m. To quote JMS themselves "The drill program is designed to test the grade, lateral extent and thickness of mineralisation at relatively shallow depths."
So, with this in mind, YT's figure might be achieveable, but I'm not so sure it will be in the first round of drilling, which is why I'm expecting an inferred resource of 100-200mt gradeing 60%fe. Again, maybe I'm getting this horribly wrong.
After waiting all this time, 18 months for me, a minumum of 100mt would be a great result as a starting point.
Anyone who might share either of our views, please respond
Reading through all the analysis in this thread, any inferred tonnage will be a good thing. The SP should be well above it's current levels without anything found at Brockman.
So if they come out with anything, I can't see how it won't be good for the share price.
Gotta remember they have a bunch of other projects which also have promising futures - Brockman will just be the cherry on top if they can pull something out of the hat.
Same here, the sp would undoubtedly head skywards. I'm just remaining a little cautious and do not expect much more than 100-200mt inferred, which as both of you have pointed out, will have a substantial affect on the sp, and yes, this week or the next is when I'm expecting the ann.
GL to all who are holding, it's been an arduous journey for most
After the initial jump, it appears to have been sold off on the news. Buy on rumour and sell on fact I guess.
There’s a good fundamental reason why it won’t jump up 100%+ on that news – I own some of the stockit certainly is a strange one.
They expect to have completed the plan of work by the end of the month, but when are they likely to have a rig/crew available?
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