The delayed funding from New Moonie Petroleum has probably made...

The delayed funding from New Moonie Petroleum has probably made people nervous, aggravated by the global climate around equities. Until news of the NMP delay, buyers had been edging out sellers in number and volume. NMP is a very unknown quantity to the general public and some may fear there is a risk that money could all fall through, although RC seems unfazed.

Once that funding has been confirmed, the SP will probably drift towards 19/20c. Movement beyond that will depend on observable progress of the prototyping facility and announcement of a State Govt grant. Positive announcements about Turkey/Jinko will be powerful, but wouldn't expect those to come til later in the year