Cavendish Research, page-6

I think the market has adopted an approval of FDP and partly FID as this has been the main trigger since the transformational CR. We see 2.7 cause sell off which probably relate to another CR (Transformational) or people running out of patience.

No question a missed FDP/FID would be devastating to price short term, but strangely also a rare chance to buy as we would be scooped up by someone fairly quickly. Would not be unrealistic to see a quick drop to 1-1.5 Cent. After that it will be a chase to get out first. Lets hope it dosen't get to that.

Even though the discount is apparent, we also need to realise the big boys left this stock a long time ago and what remains is retail. Retail enter first and leave last. Always the case.

Chris needs to get his targets adjusted to realistic values. His last target was 22 cent, lowered from 1 $. I could be concerned those unrealistic targets drive wrong decisions beside the unethical signal to the market.