Ann: HyEnergy Project Awarded Lead Agency Status, page-31

Depends what perspective you have.

Personally I think there are a whole lot of short termers that have become impatient and started dumping the stock in search of the next shiny thing.

Seems a lot jumped on the bandwagon without actually properly following the story and reading the announcements clearly.

The Scoping Study is not priced in IMO. We have seen this charge to 25c after Total was named as a project partner on the SS.

IMO the market is waiting for the SS results and the company moving on to the next phase, PFS.

Wolf