JP Morgan Acquire 9% of DNK, page-8

there's no volume for them to sell into atm. My point is that knowing .33 is a reasonable price at this point in time may be keeping those new investors away, as well as stopping some holders from topping up at the current price. I know it has stopped me. Looking forward, my concern is the big overhang of new shares, particularly when the funds weren't immediately required. I can see that when the ml is finally granted, we will see a dump into the new demand, which could see the sp held down until we near production. Holders will get impatient and this will increase supply. It wouldnt be the first time that has happened, particularly given we are so far off production. It could set us up for a lowball TO offer. It's a great project, but I'm always cautious with microcaps. We have had our sp spike on hype years back. Most juniors don't see a recovery to those levels until production, if ever.