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10/04/16
06:51
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Plenty of new blood around here at the moment.
Unfortunately for everyone, I think everyone needs a bex and a good lie-down.
As @PoetPlus has said, no drilling (and hence no results announcements) is happening for months yet. (be that 1, 2 or 3).
And consolidation takes place in 17 days. Ergo, all these calls about the share price rocketing to 2c are at best, ill-informed, at worst ignorant.
The SP will be consolidated 10:1 in 17 days. At Friday's price, that becomes 7c. That also makes the strike price of the options 10c.
That will need to be some pretty damned exciting rock chips report to make the price continue its upward trajectory.
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