Drilling results, page-16

Unfortunately the only activity is fairly large selling of shares to dip its toe outside the 3.3-3.5 trading range down to 3.2. Last visit there was 9th Nov and recovered nicely to run from there, let's see if history repeats.

With news expected perhaps this is the last opportunity to hoover up any loose hands, volume is solid, but not like a leak of bad news solid (if you get what I mean). They are getting close to that point where they are beyond their own stated timelines for results, one thing I notice is the good companies usually push out an update if results are delayed, just to feed the shareholders.

Apart from telling us they found some more rocks a month ago, it's been a bit flat really, range trading looked like accumulation so maybe this is the last attempt to rattle the tin and see who wants to give up their shares - remembering - we're trading today at a 50% retrace of the high 3 months ago so that is worth noting.