Not much different from last chart posted, week ended with a strong downward close on highest volume in 7 weeks. Quarterly will
need substantial progress, or lower highlighted area will be tested. This is not to say we won't get a week or two forming a pullback first to around the purple area.
My opinion, it really depends on what comes in the quarterly as to how "fast" we'll see things play out. I'm not expecting much on the operations front, as we're pretty much up to date from the December 11th update. I would be pleasantly surprised if they managed some decent strides (real strides, not hype language being used) in the short 1.5 months (taking out Christmas shut down from that).
I believe more "advanced talks" with the Government on the 10ktpa front won't go down well. It just is what it is.
Maybe approvals announced before Wednesday, for something substantially positive to announce in the quarterly?
If Sportsbet had those odds, it would be the same as picking 15 perfect NRL rounds out of 27...
in a row
IMO only, DYOR
