Looking great for a close of 90. You would imagine that a return to $1.10 would signify the bottom is definitely in. A great looking candlestick pattern for the last week. Still too early to finally mark the "bottom" as we all would love to but indications look very positive. Volume up today in the 600k region is also positive. The news wasn't new for the faithful here but it is solid and very good for all those looking for a speedy move to mining. The Chief Minister is gagging for a big mine in his territory that will spin jobs and cash, I would expect gov't approvals very quickly on this. The one trap still left is the Traditional owner approvals but with the type of cash this should spin off and the amount they would lose if it took too long, I hope they come to a reasonable swift agreement.
AEV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
