The SP has risen significantly up from 3c. Anyone who bought low is in profit, so people will be looking for a quick profit.
Longer holders will be looking to buy more and then there is the new holders coming in.
A steady stream of news will break the resistance and set a new level of support. A $300m finance deal would definitely put a fire under the SP and then all teh regular announcements that go hand in hand with developing a project with no shortage of cash, will keep things chugging along
FAS Price at posting:
4.3¢ Sentiment: None Disclosure: Held
