Major low on the chart is at 2.1c. If it breaks that then it's f'ed. Best case scenario for the next 6 months is it bumbles around 3c, raises at 2c, goes close to 2c, then recovers to 3-3.5c to allow for quick profit, then dips to 2.5c again around February (once people realise that they spent all capital raised in December / January on payables)...by then the USD debasement would have started, supporting the phosphate price and saving the management.
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-8
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