I think the BUY side got caught asleep. I had a BUY order in...

I think the BUY side got caught asleep. I had a BUY order in that got hit. Didn't take a lot of volume to tank the price 25% until someone plonked a BUY order at 25c to stop the rot (for now). The volume suggests small retailer getting out, maybe a few stops hit on those that bought on the recent run. I think the panic for those that exited this morning (again not that many) is the increased CAPEX (substantial increase on 2020) and the debt that will be incurred, which is partly offset by the 25% increase in ore reserves and extension of mine life. The company will make their investment decision in Q1 2023 so thats probably a watch too, although, why wouldn't you proceed with a profitable mine which will start producing in 2025 at the same time as the global squeeze for Copper is predicted to surge and with reasonable AISC?

Materials sector down and perhaps some taking profits based on the thin BUY side on early trade today. Anyway, I'm in.