As did I, I was planning on selling into the news (50% of holding)... If it doesn't hold 54-55c than I think I will still sell based on the chart... I was 30c buyer in todays consolidated SP (6c entry). The volume is very small on retrace, but I was surprised no significant new buying...
The reality is that decent cash flow is still a few months away, so may just be traders exiting. We will have news within the next couple of weeks with sales contracts linked to seaborne pricing (you would think), I know some Canadian sales have been linked to the CFR price, if this was to be the case, than on this news there may be additional buying. Sentiment changed to hold for now.
As did I, I was planning on selling into the news (50% of...
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