Larger volume, 15c held at close, looks like an interim reversal...

Larger volume, 15c held at close, looks like an interim reversal breakout from 13-14c to 16c, watching 16c may hit tmrw, IOP in AUS$ is all important, IOP in US$ irrelevant to AGO, fools only watch that lump indicator, I would venture to say that 2 and 8 December spot at 16c is all important now.

The bear run since April was led by 2 x strong 45 degree slides with2 sets of step points trying to hold it up but the capitulation looks in to me. Once volume picks up in 10-20M again, it may move quickly to the upside or otherwise will stay 13c-20c range bound like a non producing junior which it is not on fundamentals.

I think FMG or Rhinehart will give AGO rail access eventually for cheap shares. Better for MIN or RIO to bid for it now instead of their past crazy wasted bids.