reason for wednesdays sp drop

Article in AFR commented that Wednesday's sudden s/p drop is probably due to the fact that Ching increasingly looks like halving its reserve.

The market reacted to this because it gives TLW an escape clause (to pull out without having to pay the penalty if that happens).

If TLW does pull out under this situation, back to 1.20 we go!

This could also be a ploy set up by TLW and ML too, to get more shares at 2.02 too. We know they got a few million at 2.02. Saga continues.

Another thing which does not gel is the Kingfisher report. Its suppose to be doing flow test (on the 37 mtr) which according to Heritage's report will take up to a month; and to do that, they had to stopped drilling. But then it was also reported that they are doing a side track(right now). Anyone know anymore about this or have I have it all wrong.