The US market had stronger than normal volumes all last week as the index climbed off its lows despite a very negative media. Bullish signal.
By contrast, MNB volumes declined but the sp held up. Probably a case of buyers waiting and hoping for sellers to panic during the negative period for other small caps and a lack of sellers at this stage of the company's development. The remainder of the year should continue to see more buyers than sellers and an increasing sp ahead of first production.
Ann: Cabinda Phosphate Fertilizer Plant Enroute to Angola, page-400
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