RSI was the lowest it's been in a while, due to downticks and...

RSI was the lowest it's been in a while, due to downticks and panic from the misinformation from the Ukraine Nuclear fire.

The post-announcement share price fall was due to the downticks - just check the course of sales. Some genius is virtually throwing their shares away (you need to read more in the academic studies on Gronnedal/Ivittuut).

I think the uplift in price was more relating to the Uranium highs $52lb+, the uranium story is being run, and actually a lot of the last tranche of ETF inclusion holdings are starting to get expensive. ASX lagged the US/CAD markets on the Tuesday trading session; this might have been partly due to the QLD/NSW flood/storm situation. Need to see the EPM/OZ Yellow deal come to a conclusion (tomorrow is the 1 month), not really fussed by the out come at this point.

RSI is back to neutral; so anyone's guess where to from here. The downticking isn't going away, so investor behaviour will change and soak these up.

Rick Rule has vaguely mentioned a few times to be careful when the U-Spot is above $70lb, we are starting to see $60lbs as a possibility now (ASX in general is subdued, and lagging behind in this cycle.)
It would be hard to say, what happens next to EPM if it gets the attention from more investors when they start taking profit from other positions, and other asset classes. On twitter the Uranium Investors are trying to get the crypto and fin-tech investors into the sector (helped by Elon Musk tweets).
It basically becoming a rising tide.

The announcement today was a decent reminder that EPM has multi-commodity, "near-term" opportunities for revenue, this field season should be rewarding and add on to the wealth of material already publicly available.

I still think the scale of the Gronnedal is under appreciated at the moment; it's huge.