That is a really fair assessment based on what I see and know of the company. Well balanced with the risks too.
I guess for me the announcement yesterday and the sp increase that followed just didn't marry. It saw nothing new or even anything that provided more hope. As such, it would probably have been either traders having a play, a price increase before a capital raising or broking companies working out their exit strategy before insolvency (which others, not me have discussed).
Either pick makes it a risky affair.
They need money to survive and a heap more to get the project going which makes it even more risky, but I like your comment about the end product being excellent, so the rewards are tempting too.
Why we love (and hate) the share market.
Thanks again
Milesy
HWK Price at posting:
3.1¢ Sentiment: None Disclosure: Not Held