That's a super interesting musing / question.There are probably...

That's a super interesting musing / question.

There are probably a few factors at play here, including:

• Realistically, there's very likely been an underlying caution baked into the share price for some time. so while the price was always going to fall, it was (probably) not going to drop off the proverbial cliff.
• There was a ton of Cummins Range news padding as a form of insurance,
• There was some Trundle news padding as a form of insurance,
• The buy side had been building for some time, so there was pretty heavy padding for any selling. It's still there. At the same time, on learning of the news, (panic) selling was kept to reasonably ok levels, which sort of allowed those who wanted to move on to do so.
• The annoucement was kinda hidden, so while there was an impact it was all a bit "nothing to see here folks". Ironically because of the passing nature of the notification, it's likely that some investors may not be aware of the WN news,
• Desirable rare earths sector,
• Cummins Range is a real thing, so there's actual something to move ahead with,
• Trundle keeps pushing ahead, at mimimum there seems to some sort of possibly economically viable skarn there (informed guess),
• There are other fingers in the pie, so more to look forward to in the future - pros and cons, but it's something.

It was disappointing that WN didn't show anything but it was important to find out.

At the moment, it's kinda worked out the best you could ask for.

In the near term, it looks like we'll be sitting around 12c / 12.5c - 13.5c / 14c, give or take. We still may have a bit more volume with a little bit of volatility, which is understandable, but only compared to the usual not much to note.

The other positive we've seen is that the SP can hold up largely ok to perceived negative / neutral news, eg. WN, subsequent Cummins Range results. No comment on capital raises. It may mean, on new / different / good news, that we go up, and up at pace, but this is somewhat untested, so we'll see if / when that happens.

(I can't believe I thought of so many things.)