Ann: Drilling Confirms High-Grade Main Feeder at Liontown, page-84

Liontown was only added to the portfolio recently. So much seems to hinge on a drill. The expectation brought in a lot of buying recently with massive amounts of shares changing hands. The announcement today obviously did not live up to expectations and the Lion seems to have bitten many a hand in Town. If those who recently bought in higher are exiting lower a few days later, good riddance.

SHN will have an updated resource announcement in January - it's bound to be an upgrade, not a downgrade. Next year no doubt will bring it's challenges but also rewards. Current sp should improve in time. Liontown is not the company's only tenement - lot more drilling and results to come from elsewhere. Massive fallback from above 3c but worth remembering sp was hovering around 1.1c less than a month ago.