Ann: Africa Energy Summit Presentation, page-277

Re the SP Base you've commented on:
IMO - because of the inevitable tax-loss selling period likely to begin ~ early-to-mid June, then through to Friday 28th - I see the SP tracking lower to possibly as low as 6.0 - all of course in the absence of any significant ANN before then.
Such periods develop in most small-cap miners & oilers at this time, then bounce up straight after 01 July, then steadily climb from that bounce's Low thereafter.
Check out IVZ's 6-month-Daily Candlestick chart for its such period 12 months ago, and you'll note the similar pattern..