It could be overhang from the cr issue 333m shares or people...

It could be overhang from the cr issue 333m shares or people that bought at 0.2 and 0.3 providing the supply of shares. Because most trades have been 0.5, 63m last week and 0.4 today the entry cost is resetting to this level. It should technically cease as buyers at this price won't be sellers here. There are 2b shares on issue so there is plenty of script out there. The churn is good on high volume because its flushing out shares into new hands. I have bought a lot and others have, mentioned here, I'm not a seller. Ie my shares and others reduce free shares, will get to a point if this continues supply will reduce. At least high vol means high demand. Don't think cap raise as enough funds for 6 months. They do need to raise at some point, there are options like jv or loan by Mr streeter outside cr. Ie loan, production, loan payback royalty per tonne. This is of course if he believes it will produce. Next 6 months will be interesting times, esp if nickel rises or there is a resource upgrade.