Africa Down Under certainly seems to have been the catalyst for the share price turnaround. I noticed several 500K+ buys in the afternoon on the Monday following ADU (3rd September) and then the Tuesday was the big volume rise that really turned things around.
I wonder what was discussed besides the news that we're expecting:
• initial RC assays from fences 1-3 at Kanuka
• completion of RC drilling at Kanuka
• RC assays from fences 4 & 5 at Kanuka
• commencement of diamond drilling at Kanuka - the location selected will be very interesting
• commencement of RC drilling of the spod bearing pegs at Kitotolo
I'm still thinking it's positive news in relation to the above points, as opposed to the sudden mention of further JV's between Cominiere and 4CE? Regardless, it's a big positive that JB has developed some very strong connections on the ground in the DRC.
Hopefully we get multiple pieces of good news in relation to the above, that blows us well past 5.8c in the next few months.
4CE Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held