the rise is nothing to do with any tip,everyone knows that they have the cash now ( which was always going to be needed at some point),the new additions to the board,the JV and all the projects.
lets not forget the additional 2000 acres ( which some of the cash will pay for) and the deep gas prospect at calvin which ensight will oversee.
very exciting times imho.
January will bring strong rises regardless imho.
MRP have never been in a better position to reap the rewards.
the buys this am, were not those of punters buying on a share mag tip!!.
all the charts showed that a retrace to circa 20p was needed to push the upward momentum further.
look at investtech.com ( registrer and get free charting analysis).
they are a good basic source of info.
they clearly have MRP in an UPWARD TREND break out, and these guys arent british bulls who are a shower of crap.
come the end of january,22p will seem very cheap.
however i concur they need to perform.
nothing should stop them now.
plenty of newsflow to come, more than most others in this sector at this mkt cap.