One with imaginative mind might think SP oversold down to 1c then "welcome relief" was offerd at 2c for ONE THIRD OF THE COMPANY (per C-notes) and followed up by a Claytons SPP at 2.55 for miniscule amount (only about 3% were taken up !!!) based a 5 DAY ONLY VWAP (first in my experience so short) which provided a "well we offered shareholders a comparable deal but not our fault no-one wanted any" haha.
Actually suspect SP was embarrassingly gathering momentum and threatening breakout thru 4.0+ when the SPP was announced and market "naturally" drifted SP down to a fortuitous low level.
Reckon if the URANIUM story had been correctly played in advance and appropriate show and tell re gold assets fair value done, cap raising could have more likely been at 6c instead of 2c .... Course u could argue there was only a caretaker Board at the time. Yeah.
Love to know what ASIC's real role is in this marketplace. Anyway doesnt really matter to me cos I have been vocal enough in here re the EXTREME DISCOUNT TO FAIR VALUE whilst constantly accumulating my core possie and was very happy to see SPP strike set so low with ensuing market offerings only just above, mucho taaaa. Thats HISTORY. We have had first breakout and retest since at 3.2+
Now we face a third attempt at the PIVOTAL 4.0 techno line, above which all changes IMO. I love third attempts. So finger now on the trigger of my techno trader gun thru 4.0+ now that am almost set with desired core.
10 mill market cap looks waaaaaaaaaay too cheap for this puppy bros in relation to peer group standards, as POG coincidently sits poised threatingly just under its own major pivotal 970 line.
Reckon ORP is now POISED for beginning of major wealth creation revaluation in short - medium term as this story, now at PFS stage , evolves into a significant global gold producer in time for POG's optimum price / time target IMO.
Had to buy some calomine lotion for my right palm today Rogues haha.
IMBOOC
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