Enough is Enough!, page-4

Well said. All management sentiment aside the current mcap is ridiculous. With cash position and resource size and level of advancement.

I wonder just how much of this sell off is a big institutional play. The reason I say this is for starters pre consolidation there was an insto only placement for $4m. The share price had a lot of trouble going below 1c and the mcap was already low, so there may have millions of dollars in long cfd positions below that level which had immense support.

Then came another raise with a big $12m insto placement at 52c and an spp for retail to follow, however as the share price fell below this level the spp never eventuated and not a word about it.

So essentially instos were in control of huge volume of stock. I remember also state street getting involved and they are associated with shorting.

With consolidation and large tracts of stock that allowed instos to get this well below this pre consolidated 1c level, therefor a large long leveraged liquidity pool could be targeted. Which was almost impossible pre consolidation. All in the meantime a big retail shakeout has occurred which may mean instos are even more heavily involved on the register.

Whilst things look dire right now this is all extremely bullish for when things do turn and it’s not far off. The real pay off for these Instos is yet to happen. We have all been warned of the news to expect in the future facing presentation. We could be easy see 10 bags from this price if our resource is valued close to what similar vmy was taken over for, and they know this too.