Ann: East Laverton REE Metallurgical Test Work Initiated, page-57

IMO the issue is not the selling, is the lack of buying. There is likely thousands of retail holders so it is only normal for there to be people selling, unless you are suggesting there is some sort of inside knowledge? This is the spec end and if there is no news flow then people will lose interest pretty quickly.

I don't think it is correct to say people are willing to get out at any price as it has been trading in this range for quite a while but I do think people are getting impatient waiting for news (eg. Pomme to commence drilling etc). Its been close to 2 months since any noteworthy news to came out and the sell-down on previous news has likely made people wary.

If the test works show evidence of "ionic" then I think it is fair to say that this wont be a $10M MC... hopefully positive news is forthcoming on this front over the next week or so.