Ann: Resource Upgrade at Grosvenor West , page-26

If CLR had fundamental value at $1.80 plus then when the share price heads towards $1.40 there would be a buying frenzy. This would prevent CLR from falling to the low value like today.

The mere fact that CLR has reached this low point indicates the market has enough doubt to dive the share price lower. There is not enough substatial evidence to give the market confidence to stop the share price from falling.

It has been my observation when a market loses it speculative confidence towards a stock, any resource tends to be given a generic value.

This is why directors are often confused when two resources almost identical are valued differently. One still maintains the confidence of specuators and the other has lost market confidence.