yes the theory is that a pip move up or down at these levels...

yes the theory is that a pip move up or down at these levels creates too big a swing and gets some nervous, and it could move more freely, hopefully upwards when the market is in a better frame of mind.

The more important is what they are doing, that is finding bigger and more strikes which is what they are doing.
Some have said the new finds are too deep but AZS new finds at Ridgefield are far deeper, remember it is not the depth of the hole but where within the hole the finds are.
AZS new finds are 430 to 520 deep.
SBR new find is 358
Low EV and looking like a significant new find.

If these finds were released in March SBR would be 1.5 c
The market as always will recover and as usual the small caps are first to fall and last to rise, we may have seen the bottom.

SBR have money to do a lot more, nickel will be in huge demand and should rise in price
This year there is a surplus but by 2024 demand is tipped to outstrip supply and price should rise.

So we know they have increased resource, by how much they are still working on it, Sherlock now should be a company maker and those in history in general have made money by buying when others are selling, of course this is not advice and stress the comment in general.