Ann: Kimberlite Drilling Targets Defined at High Priority L259, page-41

Voncee, if you really are a "Full time stock trader" as you claim you probably should be able to figure it out. It has been repeated many times before and it is all about the options that expire in Apr.
When punters couldnt/didnt understand the announcement today and the price started to retreat, they panicked. The LOMOB's holders want the share price up as high as possible so they can sell (shares or options or both) and pay for the exercise of the options. They panicked as selling picked up and just they sold either shares or options, or both. This will likely continue until there is an equilibrium where punters have enough money to cover the exercise commitment (and yes that could be up at 60c).
There are 60m odd LOMOB's and that is a lot of money for punters to find. Bigger punters will buy, but are in no hurry and are happy for it to peel off a few pips.
So this argy-bargy may well continue all the way to Apr29. If you want to attribute blame, then blame the BOD, they bought all these options back from the dead.