jervois resource update, page-26

Hi Chuk,

I agree that ST price moves are not hugely relevant for KGL. However, my comment is based on the fact that KGL has hit 13-13.5c a couple of times now without managing to push on higher.

I also read another posters comments who I value on the general market direction and a number of o/s markets appear "toppy" at the moment and could be in for one or two down days or some consolidation.

I would much rather KGL close at 13.5 or 14cents (i.e. above this little area of resistance), than fall back to 12-13c if markets have a bit of a pause.

The only reason why I say this is because I'm "selfish" and want to see KGL launch from as high an SP as possible once news on Andash comes out as I have trading parcels at the moment as well.