Ann: Xstate Resources Operations Update, page-334

The drop from 0.5c to 0.4c is massive, from a numbers point of view it's a 20% pip. It's also what traders are chasing as their buy target. If you feel weak sell because the pressure will be immense from here to secure as many at these prices as possible by many players. it's completely derisked because the company has a source of income already and once the quarterly comes out we will discover the margin. Until then it's a waiting game, things might happen in the meantime but we are sitting pretty at these levels IMO