Ann: Suvo Presentation - NWR Near Term Producers Conference, page-27

Haha, 'oh the gloom'.

When I first bought in at 7.3c, I had a general gut feeling of it testing 20c over a medium term horizon. However, it has been very subdued, so looking back at the magnitude of past movements, I think it more likely that a first upwave might push towards 13c. I may or may not sell at that point.

What is obvious is that there is ~2 million + in support between 7.3c and 7.5c. The sell side is less knowable though, as there are no doubt lots of investors that were caught over the last years worth of falls that would want out, but arent programmed into the depth yet. The first spike will bring them in...

Note: trading point of view.