Did you check their most recent Quarterly that states they have...

Did you check their most recent Quarterly that states they have $13.5M cash at bank? That's enough for more than 2years based on last quarter's spend. Wouldn't be at all concerned with the possibility of them selling a single share, not before the full potential of Medcalf and Bynoe is known.

We know where much of the selling has been coming from, going off the tapering of volume Friday and today I suspect that they are thereabouts done.

Unless you are of the opinion the high grades reported and / or that second round 12M interval intersected containing up to 25% Spodumene is bogus then in the weeks ahead we should be at a very different position, probably some kicking themselves for not buying more.

Have a look at the weather forecast for the next few weeks in the Top End. Intermittent showers and thunderstorms at worst. Drilling at Bynoe could be any day now