Yes, great open, I can't believe anyone would dump the RI for...

Yes, great open, I can't believe anyone would dump the RI for less than 1.9c given that this was the previous resistance prior to the issue.
I actually expected to see a slower climb than what we have got so far, thinking the big boys would sit & be patient for a few more RI's to be dropped cheaply. Obviously there is a bit of competition for those cheapies.
I would foresee 1.9 as being the resistance again (for hours days or weeks is anyones guess), though it wont surprise me to see the SP take off into the mid 2's again very quickly, I have already set a few sells in case of a quick P&D. I wonder how quickly the JV negotiations can progress, will it take several months to iron out the details or can it be achieved in a shorter timeframe (prior to Christmas). Yes I am aware that there is no guarantee that JV talks will be sucessful. Would be nice to hear from the more experienced FA guys like Pgamble on how they rate the likelihood of successful negotiations & anticipated duration of same.