big big candle on friday, and finished strong.People have had...

big big candle on friday, and finished strong.

People have had weekend to do peer analysis to realise this one is still well short of the peer level.

Whether that takes a week or two to re-rate, do we see a massive overun, and then a pull back. (peers circa 130 mill mc +)

The market will run up, based on fear of missing the boat to the next peer.

I would think, it will be either today or tomorrow that another strong leg is witnessed.

We see a small pull back, (but not likely from fridays close), or we just see day 2 of a 3 day re-rate with some retracing after day 3.

IMO, within 48 hrs we will se 40c.

A true re-rate, we would see 60-80c and then some on jorc for peer group.

Confidence is retuning to the market. Certainly in the iron and uranium sectors.

cheers