extension to mta announced, page-37

gday makk, long time no speak mate.

I don't think its an overeaction. With the extended time frame i'm sure all those buying in now will come out on top when the 60days pokes its head around the corner. But to buy now, on this day is definitely not something i am willing to do. I'd rather sit it out for a while, with my core holdings and let the dust settle before taking the next step. The rise to 0.067 was the market factoring in 3M and was only buoyed by those expectations of a deal being signed. Now i'm not saying that 3M aren't signing the contracts i strongly believe that they will do so, i guess there are many other applications that 3M can utilise and hence the reason for the delays. But logically a down turn has just begun. The updates in the coming two months will allow the SP to lift as the puzzle is being pieced together but for the time being its an obvious sell for the ST'ers, which is the reason why the SP will slowly decline IMO.

I won't be selling out i'm in it for the long haul and see this as a big positive. Yet as was seen in this forum as of late alot of punters have moved in and with this news i'm sure they will be moving on and we will see them again in 60days. Will be holding to my 6cent orders, just have to suck it in and wait it out.

All the best.