Ann: West Arunta Project - Luni Assay Results, page-59

I would liken the response today to that we saw in the middle of the year when we had some good results and had similar muted responses of the SP. Then as now the share price was technically ( and I stress ONLY technically) still over bought. Then as now the SP was still above the 50 day ema and only once it had come back to the 50 could more good news lift it to the next level. Then we had the likes of 2ic and mustwin spreading doubt as the rocket failed to launch. Likewise now we have a new breed of Johnny come lately naysayers telling us the same thing because the SP did not respond to excellent news. I think in time today’s peak will be viewed as a minor top in a double bottom pattern. But the second bottom will coincide with the rising 50 day ema.

So I think the next news will take us to the next level and this crop of naysayers will disappear only to be replaced by a new crop when the SP hits circa $18.