MYL 0.00% 7.0¢ myanmar metals limited

No Volume to it though at this stage and maybe a retest of 7c...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,000 Posts.
    lightbulb Created with Sketch. 88
    No Volume to it though at this stage and maybe a retest of 7c after touching a 61.8 Fib pressure piont a few days ago.
    Its a wee bit difficult to forecast the Markets reaction to these ANN’s and for most investors or punters here in the specie end of town more so than the higher end.

    My thought would be impatient punters want instant gratification and some will sell out of something like this based on the probable few years to begin Mining and gain Finance etc figuring they will come back in 12 or 24 months to invest...... A smarter person may think that time frame will be accelerated and Finance not a big issue with a significant world class commodity resource that has enormous scope to grow in tonnage.
    The more resource they find (inferred/indicated) the more likely a large Wolf will be camouflaged in waiting or at least that’s in my humble opinion, or is it dreams, time will tell i guess as the process rolls on at some point that FOMO might kick into gear..
    One thing is guaranteed and that’s this BOD pushing things along so I’m expecting a lot of ANN’s and updates with that PFS not too far away now and am sure many eyes are waiting to go over that.

    GLTA involved & not as this is merely the beginning for MYL IMO especially after listening to JL today talk about many decades into the future wow that’s confident i wish i knew what he knows.
 
watchlist Created with Sketch. Add MYL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.