Ann: Colossus Exploration and Development Update, page-43

IMO we had a needed pull back, and while there is little supply (look at that gappy sell stack) the demand has also been holding waiting on whether there might be a CR

However they don't need more cash until Q3-4 and in the meantime have expected strong drilling results, mets and an MRE to release so of course can hold off to raise much higher with firm numbers for investors - also can get a cash topup from options conversion, though a large proportion of those are going to sticky hands.

IMO yesterday we confirmed the turn following gap fill and should see a continuation back toward $2 next week leading into results

technical indicators (RSI MACD Stochs) also turned up

Bearing in mind that MEI doubled in the 6 weeks leading into their MRE, and at a much a highr market cap than we are too, then took off shortly after to where they are now. The big % gains were in the lead up though.