Chart - MCR, page-186

showing strong support around 1.30
yes I am surprised
still zigzagging 1.35-1.25 atm

for the bulls needs to breakout past that 1.35 area and reconnect
for the shorts needs to crack below that 1,25

MCR UP
NP down, amazingly gone the other way.
I guess there is a premium for high grade near term prodcution with no processing plant or adequate site camps with $100M capex needed.

Market loves large debt and spending as long as there is large revenue at the end of it.
11ktpa going to 13ktpa is not really that large a revenue base.

Hey but what do I know.