Low grade drill results.In line with historic drill results....

Low grade drill results.

In line with historic drill results. Economic none the less.

Delayed feasibility.

True. This could be for any multiple of reasons. Such as including drill results into the feasibility to expand resources.

35c to 18c share price, at a time when the copper price is going gangbusters.

The market is not always predictable or logical.

It looks like they've canned the idea of a new plant, and are now going to refurbish the old one.

This has been explained on numerous occasions. The lead times for a new plant are 2+ years. Barry wants to get into production in ~12 months.

They are now talking more about their other deposits, and drilling there.

Did you completely miss the report today on the Western drilling? Or what about the Eastern drilling campaign 2 weeks ago? 16,000m of drilling is not neglecting Nifty. Barry literally posted this afternoon on twitter, phase 2 drilling (following the 16,000m) is already planned for the West. Phase 2 is also already planned for the East.

Top 20 holders have sold down significantly since the last top 20 was posted, this clearly show a weakness in confidence and timeliness with their results so far, the senior holders may also be getting a little more nervous and hedging their bets, so have sold down.

Could be any number of reasons. Could be impatience. Could be going into other sectors short term (Lithium, Uranium, etc). None the less, someone is buying all of these shares.