I think plenty of people still have the inbuilt expectation that...

I think plenty of people still have the inbuilt expectation that the pumpers created even though in reality the party was over months ago .Articles were actually being rehashed even then with constant drivel about what price coal was going to be in 5 years time( no -one with any common sense even tries to make those sorts of predictions , let alone extrapolate the bullishness of it to a spec company ) .

However I noticed a couple of things today that make me think the SP is forming a bottom. It's starting to slowly drift downwards on lack of buying support rather than relentless or concentrated selling .If the company is able to put the funding issue to bed and show some genuine progress on its projects then it might be time to dip the toe in . I said might....it's always best to wait for confirmation , better to be on the right bus even if you hop on a stop or two late