Nothing's changed except for sentiment. Nothing at all. If there was no Ukraine association do you think a few nervous Nellies would have sold below 2.5c y'day?
They've still got the same assets.
They'll still be drilling a high impact well next qtr.
A major Swiss fund still wanted in recently and became a SH.
They still have a good cash position and low mc
They've still got great upside leverage to any drilling success.
Not sure what more you could want from a speculative mining stock.
Also worth counting in dollar terms how much stock has actually passed through at these lower prices. Not much at all.
COD Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
