To quote myself back on 17th July in the Ann: Work Programme Started - Graphite Mahenge North thread:
"My prediction is 0.5c-1c short term, on good exploration results 2-3c"
Having bought in sub 0.5c current price fits my short term range and I'm happily holding.
Slow increases are good but we don't want to get out of a fair price range or we could risk a retrace.
The 2-3c I see as long term if positive news keeps flowing and we find something like KNL. (This doesn't factor in any value for the geothermal and gas aspects of GRK of course)
Lastly be careful of hype as the worst case scenario on really bad news is 0.1c.
All in my opinion and my speculation/guesstimates, please don't base your investment decisions on it, do your own research and only invest what you can afford to lose and all that. Cheers
GRK Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
