Running Commentary on the SP Movements., page-15275

For all the Tech heads out there:



1. A 40% retrace to 9.5c before a sustained gain up
2. A 33% retrace from 30c before sustained gain up
3. A 33% retrace from 37c to 24c (twice on negative news)...next ride up??

I personally believe the SP is looking for an excuse to head up which commenced last week. Patience will be rewarded, Fundamentals and Technicals look strong.

One big positive I took out of Klaus' comments were that Cap Raising won't be required again until Aug/Sept. By which time:
- Phase 2 complete
- JORC established
- Tin and Tant credits ascertained
- JV or TO

Many excuses to make a run, barring market condition's which - lets be honest - will affect everyone, not just AVZ.

ALL IMHO.