real value of the project

Call me crazy. But I'm thinking the fall had absolutely nothing to do with 'manipulators' or the like.

You have to remember the FPO's were trading at 14.5c barely a month ago. Considering the rise it has had - based on nothing fundamental I might add - it was always due for a retracement. If you do some NPV calcs one the prelim BFS numbers you'll get a value of less than 10c per share. Also I note that the latest Grange update put a value of 17c to 19c per share. And you know how brokers love to use bullish assumptions.

Huge orders keep nailing the price down. Now that's smart money right there. When you have large orders selling into many smaller ones it's never a good sign.

Anything above 19c is a SELL IMO.