We have seen good news in the last few days, but the share price is not rising. Why?
Now I think there are several reasons. First, the environment around the explorer markets has generally become more careful. This is one of the reasons. The second is certainly the hesitant information policy of dave. This is not always in favor of the stock price. I believe that the share price will rise only when we have the JORC and know exactly what costs and what income we have for each of the commodities. This is the big uncertainty factor for the market, which is why there are no new buyers entering PIO, which is why the price is not rising. We will have to wait until at least till to the end of this year. Till then the first revenues from the cesium should be generated. Only when the cash is in the bank account, we have the money in hand and not before. IMHO
PIO Price at posting:
2.0¢ Sentiment: None Disclosure: Held
