It's not about what sp is today or tomorrow. It is about what sp is going to be in the next 6 months and beyond. Will it be $1.50? or $2 or $3 as my reinterpreted PFS figures, plus KPS report figures, plus IIR report figures on new 20mtpa (compared to 10mtpa) and new resource of 400mt (compared to 200mt) has shown.
Traders/Manipulators of last week is in a dilema. Either they have to keep selling to keep sp low and fool windling impatient holders into it and keep digging their own grave or buy back now.
Because if they dont keep selling, supplies will windle and sp has to go up. Problem is they dont have unlimited shares to keep selling.
This is like a steam pot at higher and higher pressurised point. The lid will blow off sooner or later.
Ann: SA Government declares Hawsons Impact Assessed Major Project, page-20
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