bullish signals, page-16

thanks for the positive feedback.

Over the past 2 weeks or so there has been a consistent seller that reloaded between 30-75k at the top of the queue to sell.

Today that seller seems to have stopped, possibly having finished their line.

Talking to someone who has access to broker data, I understand that Pattersons have been the major seller over the last couple of weeks with 1.65m. So adding the last couple of days trades that have not yet settled and it was possible a line of 2-2.5m that has now been done.

If that selling has finished then we can expect the stock to firm over coming days.

Add to this that the quarterly report is due next week, which will most probably have decent production details in the report, (now that we are a producer), and possibly exploration results from Qld, all of which will add to the strength.

If Shaw's mail is correct with news of the offtake agreement being imminent, then life could be very rosy!