Before the restructuring (which included acquiring the rest of Wellgreen) Prophecy Resources had held cycling in a 0.90 to 1.10 trading band.
Now not much has changed actually except time and the markets in general, further advancement of Mongolian projects, and giving out 45% of NKL/PNIKF. That last one seems big, but not really if it you counterbalance the retained 45% with how much lower Wellgreen was valued before the restructuring, with NKL/PNIK even dropping to the 0.60s-0.70s briefly after starting to trade.
So I have to ask, what is keeping this at this level ? The markets in general ?
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